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Property profile

204-A Smith Ave Shallotte, NC 28470

OFF-MARKET
Office Spaces
5,100 SF 2.71 ac lot Built 2002
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Property summary

AI-generated overview

This exceptional 5,100+ square foot medical office building, constructed in 2002 and renovated in 2015, sits on a 2.71-acre lot in Shallotte, NC. The single-story Class B building features a spacious reception area, nine private offices, ten exam rooms, a lab, and a large kitchen. Ample plumbing and drainage make it ideal for various medical or professional uses. The property boasts excellent visibility on Smith Avenue, across from the expanding Coastal Walk Marketplace, and near the Smith Avenue/Main Street intersection. This high-traffic location benefits from proximity to major retailers like Walmart, Home Depot, Lowe's, and more. The property includes two parcels (APN 1820017403, 1820017402) and a stormwater pond engineered for a larger footprint. Previously occupied by Novant, the building offers a raised ceiling in the lobby, allowing abundant natural light. The property's zoning is HB. The asking price is $1,350,000. This location is experiencing significant residential growth, making it an attractive investment opportunity in a rapidly developing area of southeastern North Carolina. The deeds with easements are recorded at Brunswick County Book 2152, page 563 (May 24, 2005) and B2828/P0159 (June 24, 2008).

Property profile

Verified
Property type Office Spaces
Year built 2002
Total area 5,100 SF
Lot 2.71 ac (118,048 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

204-A Smith Ave Shallotte, NC 28470
Shallotte metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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