9225 Ocean W Highway, Calabash, NC 28467
Versatile property on Hwy 17 with endless possibilities!
- Added:
- Nov 20, 2024
- Days on Market:
- 593
- Last Refresh:
- Apr 6 at 3:52 am
Property Features for 9225 Ocean W Highway
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Lot size
- 0.79 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1996
Listing office Shoreline Realty (843) 504-4715
Listing date Nov 20, 2024
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Shoreline Realty
HighLights
- Prime location on high‑traffic Hwy 17 in Calabash.
- HC zoning allows for a wide range of commercial uses.
- Solid brick home on the property.
- Two full bathrooms.
- Spacious family room.
- Kitchen with ample cabinet and counter space.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.2k | $20.88 |
| − Vacancy | −$9.9k | −$3.95 |
| EGI | $42.3k | $16.93 |
| − OpEx | −$10.6k | −$4.23 |
| NOI | $31.8k | $12.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Calabash
- County
- Brunswick
- State
- North Carolina
- Longitude
- -78.5731
- Latitude
- 33.9261
