Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1165 Beach Dr Sunset Beach, NC 28468
    Property profile & analytics

    1165 Beach Dr, Sunset Beach, NC 28468

    View on Map
    • Specialty properties
    • 3.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 1165 Beach Dr

    Lot size
    3.00 lot acres
    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional three-plus-acre commercial property presents a unique investment opportunity in the thriving Sunset Beach, North Carolina market. Located at 1165 Beach Dr SW, this lot boasts significant frontage on Beach Drive, the main thoroughfare leading into Sunset Beach from Calabash, ensuring high visibility and accessibility for any business. The strategic positioning between Beach Drive and Ruth Drive offers excellent potential for a single large-scale enterprise or the development of multiple businesses. The property's zoning is predominantly Highway Commercial, with a portion designated MF-II, providing flexibility for a variety of commercial uses. This versatile land parcel offers significant development potential, making it an ideal investment for entrepreneurs and developers seeking a prime location in a rapidly growing coastal community. The asking price for this exceptional property is $325,000. The property's address is 1165 Beach Dr SW, Sunset Beach, NC 28468, situated in Brunswick County. With its convenient location and flexible zoning, this property is poised for immediate development and offers a strong return on investment. The lot size is approximately three acres.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sunset Beach
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.5489
    Latitude
    33.8952

    Comparable in this City

    • Value Estimation
      $2,470,000
      31,565 SF

      73 Clubhouse Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      73 Clubhouse Rd, Sunset Beach, NC 28468
      View Details
    • Value Estimation by Request
      1,948 SF

      239 Clubhouse Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      239 Clubhouse Rd, Sunset Beach, NC 28468
      View Details
    • Value Estimation by Request
      1,812 SF

      8 Main St

      PROFESSIONAL CLUBS/ASSOCIATIONS
      8 Main St, Sunset Beach, NC 28468
      View Details
    • Value Estimation by Request
      2,306 SF

      4 Main St

      PROFESSIONAL CLUBS/ASSOCIATIONS
      4 Main St, Sunset Beach, NC 28468
      View Details
    • Value Estimation
      $660,000
      10,151 SF

      200 Royal Poste Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      200 Royal Poste Rd, Sunset Beach, NC 28468-4583
      View Details
    • Value Estimation by Request
      2,500 SF

      200 Sta Trl

      PROFESSIONAL CLUBS/ASSOCIATIONS
      200 Sta Trl, Sunset Beach, NC 28468
      View Details

    Similar Nearby for Sale

    • $4,688,000
      11.72 Acres

      Large Windsor Warehouse Space

      9,970 SF Industrial Warehouse, Hwy 101 Access
      0 Sunset Blvd, Sunset Beach, NC 28468
      View Details
    • Contact for pricing
      0.71 Acres

      Calabash Town Centre Land

      Prime NC commercial lots, high growth area
      0 Town Center Rd, Sunset Beach, NC 28468
      View Details
    • Contact for pricing

      Two Buildable Lots Available

      Side-by-side lots with sewer and water access in Sunset Beach.
      1037 Beach Dr Southwest, Sunset Beach, NC 28468
      View Details
    • $89,900
      Pending

      Homesite Near Ocean Ridge Amenities

      Homesite near the shore with access to community amenities.
      1061 Crosby Cir SW, Sunset Beach, NC 28468
      View Details
    • $100,000
      0.25 Acres

      Cleared Lot in Sunset Beach

      0.253-acre cleared lot in Sunset Beach, North Carolina.
      756 Seaside Rd SW, Sunset Beach, NC 28468
      View Details
    • $639,000
      0.27 Acres

      ICW-Front Lot in Sunset Beach

      ICW-front lot with direct water access and stunning views.
      1145 Indigo Cir, Sunset Beach, NC 28468
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,740 SF

      Professional Space in Sunset Beach

      Second-floor commercial space in a busy shopping center.
      1780-1775 Chandlers Ln, Sunset Beach, NC 28468
      View Details
    • Contact for pricing
      2,680 SF

      Class A Professional Office Building

      Class A office space with high ceilings and customizable layout.
      690 Sunset Blvd North, Sunset Beach, NC 28468
      View Details
    • $2,411,400
      10,000 SF

      Calabash Area Retail Investment

      High-traffic, high-visibility retail building in Calabash, North Carolina.
      8900 Old Georgetown Rd Sunset Bch, Calabash, NC 28468
      View Details
    • $19 SF/Yr
      2,510 SF

      Sunset Beach Commercial Endcap Space

      2,510 SF commercial space in Sunset Beach Office Park.
      790 Sunset Blvd N, Sunset Beach, NC 28468
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1165 Beach Dr
    Sunset Beach, NC 28468
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1165 Beach Dr, Sunset Beach, NC, 28468
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!