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Property profile & analytics
OFF-MARKET
Lifestyle centers

1500 Live Oak St Beaufort, NC 28516

53,040 SF 7.15 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 53,040 square foot, 100% occupied retail center situated on 7.15 acres in Beaufort, North Carolina. The property comprises two buildings and five parcels, featuring a strong tenant mix of national and credit tenants including Dollar Tree, McDonald's, AutoZone, Piggly Wiggly, and Jersey Mike's Subs. The center is anchored by a Piggly Wiggly grocery store, operating at this location for 45 years, with a recent anchor renewal. McDonald's, a key tenant, consistently ranks among the top 20 quick-service restaurants within a 50-mile radius. The property boasts a complete roof replacement completed in 2020, backed by a 20-year warranty. A significant value-add opportunity exists with a vacant 2.20-acre parcel, offering flexibility for future development. The B-1 commercial zoning allows for a wide variety of uses. The asking price for this exceptional retail center is $6,037,213. This property offers a compelling combination of strong occupancy, established tenants, and significant upside potential. The location at 1500 Live Oak St, Beaufort, NC 28516, provides excellent visibility and accessibility.

Property profile
Verified
Property type Lifestyle centers
Total area 53,040 SF
Lot 7.15 ac (311,454 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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