Entity Owned Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1983
Total area
6,088 SF
Lot
0.98 ac (42,689 SF)
Zoning code
CR
APN
250AG009
UPID
US53-5732538
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Engraver
-
Restaurant
-
Engraver Gift Shop
-
Real Estate Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
$990k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.05M
Owner & transaction history
since 2024
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
CR · Oak Island, NC
Zoning description
The purpose of this CR recreation district shall be to provide for, protect, and encourage a grouping of beachfront enterprises providing accommodations and recreation to persons wishing to lodge near the strand or parti…
General category
COMMERCIAL
Top alternative use upside
Restaurant
$1.3M
+367.9%
Industrial (general)
$1.3M
+366.0%
Office building
$1.2M
+347.2%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.05M
Value range
$945k – $1.16M
±10% around blend
Estimated value / SF
$172 / SF
Confidence
Low
3 county-verified comps
Property data
88
Comparable evidence
30
$945k
blend $1.05M
$1.16M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,088 SF
Lot area
0.98 ac
Year built
1983
Stories
1
APN
250AG009
Zoning
CR
Assessed value
$921,310
3
Income approach: direct capitalization
Partial preview
Income approach indication
$990k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.08M
@ 6.5% CAP return
$990k
@ 7% CAP return
$920k
4
Sales comparison
Partial preview
Sales approach indication
$812k
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.8 mi away · 6,798 SF
24.5 mi away · 6,720 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.05M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+368%
vs current-use indication
Industrial (general)
Office Building
Commercial (general)
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
6.10%
Implied, in-place cap rate for this strip malls
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.10%
9.0%
NOI (est.)
$74k *
Last sale · Jan 2024
$1.05M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.20M
Move the market yield to see immediate price impact.
Value / SF
$198
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.60%6.10%6.60%
$66k
$1.18M
$1.08M
$1.00M
$74k
$1.31M
$1.20M
$1.11M
$81k
$1.44M
$1.33M
$1.23M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$700k
4.8 mi · Sep 2025 · $103/SF
Property tax & assessments
Property tax & assessments
Assessed value
$921,310
Assessed 2023
Previous assessed
$881,010
+4.6% YoY
Assessed land
$599,940
Assessed improvement
$321,370
Land market value
$599,940
Improvement market value
$321,370
Total market value
$921,310
Applied tax rate
14.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1983
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Bathrooms
5
Total area
6,088 SF
Lot
0.98 ac (42,689 SF)
Zoning code
CR
APN
250AG009
UPID
US53-5732538
Jurisdiction
BRUNSWICK
Zoning & alternative use
CR · Oak Island, NCZoning CR · permitted uses
CR · Oak Island, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of this CR recreation district shall be to provide for, protect, and encourage a grouping of beachfront enterprises providing accommodations and recreation to persons wishing to lodge near the strand or parti…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
5
Lot
0.98 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
CR
COMMERCIAL
Jurisdiction
Oak Island, NC
Recorded code
CR
Official district
CR
Official district profile
What the municipal code says about CR
Zoning description
The purpose of this CR recreation district shall be to provide for, protect, and encourage a grouping of beachfront enterprises providing accommodations and recreation to persons wishing to lodge near the strand or parti…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CR in Oak Island, NC.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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