New search
Property profile & analytics
OFF-MARKET
Sports & entertainment properties
100 Spencer Farlow Dr, Carolina Beach, NC 28428-4001
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-5129139
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Zoning code
MB-1,MARINA
APN
R08806-005-001-00A
UPID
US53-5129139
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Brian T Flannery · 1 yrs held
Brian T Flannery
since 2024
Last sale
$112,500
7 recorded transactions
Zoning & alternative use
MB-1,MARINA · Carolina Beach, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Carolina Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carolina Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$57,656
Tax year 2023
Assessed value
$8,670,100
Assessed 2023
Previous assessed
$8,670,100
+0.0% YoY
Effective rate
0.66%
On assessed value
Assessed improvement
$8,670,100
Improvement market value
$8,670,100
Total market value
$8,670,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Heating
NONE
Zoning code
MB-1,MARINA
APN
R08806-005-001-00A
UPID
US53-5129139
Jurisdiction
NEW HANOVER
Zoning & alternative use
MB-1,MARINA · Carolina Beach, NC
Zoning MB-1,MARINA · permitted uses
MB-1,MARINA · Carolina Beach, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carolina Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Current owner
From public records · entity-resolved
Brian T Flannery
Individual
Free & Clear · 1 yrs held
Mailing address
1015 NUTT ST, WILMINGTON, NC 28401-4369
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
52 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2024
$81,000
Brian T Flannery
Gorilla LLC
Warranty Deed
—
Jun 17, 2024
$935,000
Teresa Honeycutt Jackson
Timothy Spence Holloway
Warranty Deed
—
Mar 27, 2024
$95,000
Christopher S Barclay
Kevin Yunsang Kim
Warranty Deed
—
Mar 11, 2024
$99,500
Colleen Bergin
Michael J Keenan
Warranty Deed
—
Mar 5, 2024
$105,000
Lnb Holdings LLC
Lynda Ballard
Warranty Deed
—
Feb 5, 2024
$112,500
Blue Water Industries LLC
Michael Knoll
Warranty Deed
—
May 17, 2023
$91,000
Leslee K Hardgrove
George J Hobbs
Warranty Deed
—
Mar 21, 2023
$80,000
Ags Properties LLC
Richard Stephen Butler
Warranty Deed
—
Jan 31, 2023
$89,000
Charles Hayes Mann JR
Steven J Link
Warranty Deed
—
Dec 29, 2022
$90,000
Michael Knoll
Jason P Baxter
Warranty Deed
—
Nov 16, 2022
$1,410,000
Rwh Properties LLC
Anne Debreczeni Morris
Warranty Deed
—
Oct 18, 2022
$112,000
Robert F Howard
Michael Knoll
Warranty Deed
—
Oct 18, 2022
—
Michael Knoll
West Ivy LLC
Deed
—
Sep 6, 2022
$96,000
Trever S Kresge
Snows Cut Associates LLC
Warranty Deed
—
Sep 1, 2022
$15,000
Michael Roy Bordeaux
Arthur Jackson Rivenbark
Warranty Deed
—
Sep 1, 2022
—
Arthur Jackson Rivenbark
Michael R Bordeaux
Warranty Deed
—
Aug 26, 2022
$92,000
Kevin Yunsang Kim
Joseph S Hack JR
Warranty Deed
—
Aug 18, 2022
—
Michael Knoll
Edward J Ricciardelli
Warranty Deed
—
Jun 27, 2022
$96,000
Abeles Construction INC
Pacific Premier Trust
Warranty Deed
—
Jun 15, 2022
—
Jacqueline Brand
Jaqueline Brand
Intrafamily Transfer
related
—
Jun 1, 2022
$112,500
Jaqueline Brand
William J Paul
Warranty Deed
—
May 12, 2022
$96,000
Christopher Abeles
Fbo Elbert Lamont Recoulley
Warranty Deed
$75,000 · First Citizens Bank & Trust Co
Mar 18, 2022
$91,000
Jason P Baxter
Pacific Premier Trust
Warranty Deed
$75,000 · First Citizens Bank & Trust Co
Dec 14, 2021
$47,000
Diane M Pangle
James J Bussmann
Warranty Deed
—
Dec 6, 2021
$70,000
Jess David Grace
E P Dunningham III
Warranty Deed
—
Nov 24, 2021
—
Arthur Jackson Rivenbark
Seven Ten LLC
Warranty Deed
—
Aug 12, 2021
$54,000
Mark T Melton
Pacifuc Premier Trust
Warranty Deed
$34,000 · First Citizens Bank & Trust Co
Aug 11, 2021
—
Mary Ryder Faulkner
Pacific Premier Trust
Special Warranty Deed
—
Aug 10, 2021
$45,000
Edward C Smith
Pacific Premier Trust
Warranty Deed
$28,200 · First Citizens Bank & Trust Co
May 28, 2021
$38,000
John F Kupinski
Andrew W Olsen
Warranty Deed
—
Apr 28, 2021
$59,000
Matthew Winchell
James Ezzell
Warranty Deed
$47,200 · North State Bank
Mar 31, 2021
$550,000
James R Ezzell
John P Kelly
Warranty Deed
—
Mar 16, 2021
$47,000
Scott F Fitzgerald
Charles D Cameron JR
Warranty Deed
$37,600 · First Citizens Bank & Trust Co
Mar 5, 2021
$44,000
Underwater Holdings LLC
James Ryan Ezzell
Warranty Deed
—
Oct 15, 2010
$32,000
Allen,randay & Stephanie
Niedospial,john J JR & Patricia
Warranty Deed
—
Aug 24, 2010
$40,000
Norris,donna
Rose James A III
Quit Claim Deed
related
—
May 21, 2010
$750,000
First Troy Spe LLC
Stephens H Kenneth II
Trustees Deed
related
—
Mar 19, 2010
$42,000
Cameron,charles D JR & Kim E
Niedospial,john J JR & Patricia
Warranty Deed
—
Oct 1, 2009
—
Springfield Finl Group LLC
Snows Cut Associates LLC
Quit Claim Deed
related
—
Sep 15, 2009
$9,500
Gallegos,gustavo A & Judith A
Williams,thomas D JR & Ginger
Warranty Deed
—
May 26, 2009
—
Recoulley,elbert L
Rouse,elwood W
Warranty Deed
related
—
Nov 10, 2008
$1,075,000
Palmetto Pointe Building Co Ll
Capital Equity Partners LLC
Warranty Deed
—
Nov 10, 2008
—
Capital Equity Partners LLC
Waterfronte Dev LLC
Warranty Deed
related
—
Jan 10, 2008
—
Mollie Scarlett LLC
Clay,vickie J
Warranty Deed
related
—
Jul 10, 2007
—
Clay,vickie J
Clay,vickie J
Quit Claim Deed
related
—
Jun 7, 2007
—
Seven Ten LLC
—
Trustees Deed
related
$329,000 · Waterfronte Development LLC
May 24, 2007
$429,000
Seven Ten LLC
Waterfonte Dev LLC
Warranty Deed
$392,000 · Waterfronte Dev LLC
May 1, 2007
$138,000
Paul,william J
Mccabe,john J
Warranty Deed
—
Feb 5, 2007
$17,500
Rouse,elwood W
Waterfronte Dev LLC
Warranty Deed
—
Jun 1, 2006
$149,000
Seven Ten LLC
Waterfronte Dev LLC
Warranty Deed
$130,000 · Waterfronte Dev LLC
Apr 3, 2006
$76,000
Olsen,andrew W
Keenan,michael J & Diane P
Warranty Deed
—
—
—
Waterfronte Dev LLC
—
Deed Of Trust
related
$1,000,000 · Regions Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 100 Spencer Farlow Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
