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    657 Ocean Hwy Bolivia, NC 28422

    Sponsored
    For Sale
    $1,950,000

    Established Restaurant, High Traffic Area, 1950 sq ft

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This turnkey restaurant opportunity is located on a high-traffic road in Atascocita, a rapidly growing area within Humble and Atascocita. The property boasts 1,950 square feet of space, ideal for a variety of culinary concepts. Its "second-generation" status means significant infrastructure is already in place, potentially reducing initial setup costs and time. The location benefits from strong visibility and accessibility, making it an attractive option for established businesses or new ventures looking to capitalize on the area's robust residential and commercial growth. The single-tenant occupancy provides flexibility and control. This property presents a unique chance to acquire a well-positioned restaurant space in a thriving community, ready for immediate operation or customization to suit a specific business plan. The high volume of traffic on the street ensures significant exposure to potential customers. The surrounding area's rapid expansion promises continued growth and a strong customer base. This is an exceptional opportunity for an experienced restaurateur or a new business looking to establish a presence in a prime location. The existing infrastructure minimizes the need for extensive renovations, allowing for a quicker and more cost-effective launch.

    Property Features for 657 Ocean Hwy

    General Information

    Property type
    Land
    Lot Size
    171,191 SF

    HighLights

    • 1,950 square foot restaurant space.
    • Single‑tenant occupancy.
    • Second‑generation restaurant.
    • Located on a high‑traffic Atascocita road in a rapidly growing area of Humble and Atascocita.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Food Market Accounting Firm Garden Center Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bolivia
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.25543510732
    Latitude
    34.03411151731

    Nearby Comparable

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    FAQs

    What type of property is this?
    Land - Established Restaurant, High Traffic Area, 1950 sq ft
    Where is this land located?
    The property is located at 657 Ocean Hwy Bolivia, NC.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: 1,950 square foot restaurant space.; Single-tenant occupancy.; Second-generation restaurant.
    Request Owner's contact information
    657 Ocean Hwy Bolivia, NC 28422
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    Bolivia, NC 28422
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    657 Ocean Hwy Bolivia, NC 28422
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