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    Property profile & analytics

    11 Boardwalk Carolina Beach, NC 28428-5577

    • Strip malls
    • 6,100 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Location Intelligence
    Property ID
    US53-1103048
    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

    • Olde Salty / Seafood Restaurant
    • Siren's Cove / Gift Shop
    • Fentoni's Slice Shop / Pizza Restaurant
    • Latella Gelato / Ice Cream Shop / Coffee Shop
    • Souvenirs And More / Beach Clothing Store

    Property Details for 11 Boardwalk

    Year built
    1969
    Construction
    WOOD FRAME
    Lot size
    0.14 lot acres
    Property size
    6,100 SF
    Zone code
    CBD,CENTRAL BUS DIST
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    R09006-008-003-000
    APU
    R09006008003000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $375,000

    • CAP approach

      CAP return
      Estimation
      6%
      $530,000
      6.5%
      $480,000
      7%
      $480,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $470,000
      Geo Method
      $510,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $550,000
      Retail
      $500,000
      Mixed-Use
      $540,000
      Hospitality
      $560,000
      Educational
      $460,000
      Residential Income
      $480,000
      Energy
      $585,000
      Income-Based Land
      $555,000
      Food Service
      $505,000

    Location Insight

    • Map
    • Local Demand
    City
    Carolina Beach
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.8921
    Latitude
    34.0337
    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
    $6,367
    $714,700
    $242,700
    $957,400
    -
    $714,700
    $242,700
    $957,400

    Comparable in this City

    • Value Estimation
      $6,810,000
      13,510 SF

      1001 Saint Joseph St

      SHOPPING CENTER, STRIP CENTER • 13,510 SF
      1001 Saint Joseph St, Carolina Beach, NC 28428-4704
      View Details
    • Value Estimation by Request
      23,378 SF

      1328 Lk Park N Blvd

      SHOPPING CENTER, STRIP CENTER • 23,378 SF
      1328 Lk Park N Blvd, Carolina Beach, NC 28428-3935
      View Details
    • Value Estimation
      $475,000
      5,984 SF

      9 Lk Park S Blvd

      SHOPPING CENTER, STRIP CENTER • 5,984 SF
      9 Lk Park S Blvd, Carolina Beach, NC 28428-5184
      View Details
    • Value Estimation
      $230,000
      1,160 SF

      1009 Lk Park Blvd N Ste 1c

      SHOPPING CENTER, STRIP CENTER • 1,160 SF
      1009 Lk Park Blvd N Ste 1c, Carolina Beach, NC 28428-4852
      View Details
    • Value Estimation
      $330,000
      960 SF

      1009 Lk Park Blvd N Ste 4b

      SHOPPING CENTER, STRIP CENTER • 960 SF
      1009 Lk Park Blvd N Ste 4b, Carolina Beach, NC 28428-4852
      View Details
    • Value Estimation by Request
      960 SF

      1009 Lk Park Blvd N Ste 1b

      SHOPPING CENTER, STRIP CENTER • 960 SF
      1009 Lk Park Blvd N Ste 1b, Carolina Beach, NC 28428-4852
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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    Similar Nearby for Lease

    • $7,000 /Mo
      2,400 SF

      Turn-Key Restaurant & Bar Space

      Restaurant and bar with outdoor entertainment in Carolina Beach, NC.
      219 Myrtle Ave, 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
    • $32 SF/Yr
      2,997 SF

      New Retail Space Near Beach

      New retail space in luxury apartment complex near Carolina Beach.
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    • $22 SF/Yr
      22,222 SF

      Lake Park Blvd Office Spaces

      Carolina Beach commercial property, flexible suites.
      1328 Lake Park Blvd, Carolina Beach, NC 28428
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    • $300 /Mo
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      Carolina Beach Office Space

      Upstairs office space for rent in Carolina Beach, NC.
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    • $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
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    11 Boardwalk
    Carolina Beach, NC 28428-5577
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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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