Property profile

105 2nd St Carolina Beach, NC 28428

OFF-MARKET
Auto shops
Property ID
US53-0083741
1,860 SF 0.17 ac lot Built 1988
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1988
Total area 1,860 SF
Lot 0.17 ac (7,492 SF)
Zoning code NB
APN R09010-028-008-001
UPID US53-0083741

Cap rate & NOI

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

Location

105 2nd St Carolina Beach, NC 28428
Carolina Beach metro Census 12202 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2018
3 recorded transactions
2018
$575,000
2006
$550,000
1969
Price N/A

Zoning & alternative use

NB · Carolina Beach, NC
Zoning description

This district is established to accommodate and provide for the development of small, pedestrian oriented shopping and service activities providing necessity goods and personal services to the immediate neighborhood. Thi…

General category COMMERCIAL

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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