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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1676 Howe St Southport, NC 28461

1.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.5-acre commercial land parcel presents a prime investment opportunity in the rapidly expanding Southport, North Carolina market. Located directly across from the only Walmart Supercenter in Southport, this site boasts unparalleled visibility and accessibility. The property is zoned for commercial use and is suitable for a variety of retail ventures, including auto shops, quick-service restaurants (QSR), and other commercial establishments. The land is pad-ready, with all necessary infrastructure already in place, simplifying the development process. The owner is willing to consider build-to-suit options, ground leases, and outright sales, offering flexibility to potential buyers or tenants. North Howe Street, where the property is situated, has a high average annual daily traffic count exceeding 27,000 vehicles, ensuring significant exposure for any business established here. Further enhancing its appeal, this location benefits from the ongoing expansion of North Howe Street to a four-lane highway, designed to accommodate the substantial population growth in the area. Brunswick County, where Southport is located, is experiencing remarkable growth, ranking as the fastest-growing county in North Carolina and the seventh fastest-growing county nationwide. With over 3,000 residential units approved within a three-mile radius, the demand for retail services is poised for continued expansion. The property offers approximately 150 feet of frontage on North Howe Street and the owner will subdivide the land to accommodate specific development needs. This is a rare opportunity to capitalize on the explosive growth of Southport and Brunswick County. The property is offered as a fee simple ownership with an absolute NNN lease type available. This Class A property is ready for immediate development.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1.5 ac (65,340 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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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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