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    Property profile & analytics

    10 Lk Park S Blvd Carolina Beach, NC 28428-5131

    • Garden apartment buildings
    • 984 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US53-1215571
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Majik Beanz Espresso / Coffee Shop

    Property Details for 10 Lk Park S Blvd

    Year built
    1947
    Construction
    WOOD FRAME
    Lot size
    0.06 lot acres
    Property size
    984 SF
    Zone code
    CBD,CENTRAL BUS DIST
    Property type
    Garden apartment buildings
    APN
    R09006-025-012-000
    APU
    R09006025012000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $420,000
      7%
      $405,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $490,000
      Geo Method
      $445,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $455,000
      Retail
      $415,000
      Mixed-Use
      $490,000
      Hospitality
      $400,000
      Educational
      $440,000
      Residential Income
      $540,000
      Energy
      $520,000
      Income-Based Land
      $410,000
      Food Service
      $435,000

    Location Insight

    • Map
    • Local Demand
    City
    Carolina Beach
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.8948
    Latitude
    34.033
    CBSA code
    48900
    CBSA name
    WILMINGTON, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,245
    $152,600
    $185,000
    $337,600
    -
    $152,600
    $185,000
    $337,600

    Comparable in this City

    • Value Estimation
      $610,000
      6,816 SF

      1012 Old Dow Rd

      GARDEN APT, COURT APT (5+ UNITS) • 6,816 SF
      1012 Old Dow Rd, Carolina Beach, NC 28428-4105
      View Details
    • Value Estimation by Request
      5,331 SF

      206 Fayetteville Ave

      GARDEN APT, COURT APT (5+ UNITS) • 5,331 SF
      206 Fayetteville Ave, Carolina Beach, NC 28428-5109
      View Details
    • Value Estimation
      $620,000
      2,000 SF

      1603 Lk Park S Blvd

      GARDEN APT, COURT APT (5+ UNITS) • 2,000 SF
      1603 Lk Park S Blvd, Carolina Beach, NC 28428-5797
      View Details
    • Value Estimation
      $440,000
      2,400 SF

      212 Hamlet Ave

      GARDEN APT, COURT APT (5+ UNITS) • 2,400 SF
      212 Hamlet Ave, Carolina Beach, NC 28428-5159
      View Details
    • Value Estimation
      $345,000
      0.45 Acres

      601 Lk Park N Blvd

      CAMPGROUND, RV PARK • 0.45 Acres
      601 Lk Park N Blvd, Carolina Beach, NC 28428-4824
      View Details
    • Value Estimation
      $335,000
      0.33 Acres

      605 Lk Park N Blvd

      CAMPGROUND, RV PARK • 0.33 Acres
      605 Lk Park N Blvd, Carolina Beach, NC 28428
      View Details

    Similar Nearby for Sale

    • $1,449,000

      Beachfront Penthouse with Dual-Water Views

      Luxurious 2-bedroom penthouse with ocean and Intracoastal Waterway views.
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      Completely transformed oceanfront condominium in Carolina Beach with upscale upgrades.
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      Completely renovated oceanfront condo with high-end finishes and resort-style amenities.
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    Similar Nearby for Lease

    • $1,695 /Mo
      1,427 SF

      Top-Floor Condo Near Carolina Beach

      Spacious 2-bedroom condo with community pool, near the beach.
      609 Spencer Farlow Dr, Carolina Beach, NC 28428
      View Details
    • $7,000 /Mo
      3,600 SF

      Turn-Key Bar & Restaurant

      Bar and restaurant with outdoor deck in Carolina Beach, NC.
      219 Myrtle Ave, Carolina Beach, NC 28428
      View Details
    • $300 /Mo
      64 SF

      Carolina Beach Office Space

      Upstairs office space for rent in Carolina Beach, NC.
      1029 N Lake Park Blvd N, Carolina Beach, NC 28428
      View Details
    • $75,000
      2,400 SF

      Turn-Key Bar & Restaurant Space

      Vibrant Carolina Beach bar and restaurant with outdoor entertainment.
      219 9 & 10, Carolina Beach, NC 28428
      View Details
    • $300 /Mo
      64 SF

      Carolina Beach Office Space Available

      Upstairs office space for rent in Carolina Beach, NC.
      1029 N Lake Park Blvd N, Carolina Beach, NC 28428
      View Details
    • $32 SF/Yr
      2,997 SF

      New Retail Space Near Beach

      New retail space in luxury apartment complex near Carolina Beach.
      904 North Lake Park Blvd, Carolina Beach, NC 28428
      View Details
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    Carolina Beach, NC 28428-5131
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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
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