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    Property profile & analytics

    111 Shr Dr Surf City, NC 28445-6639

    • Retail space
    • 6,274 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $470,000
    Location Intelligence
    Property ID
    US53-3387055
    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

    • Spinnaker Surf Shop / Surf Shop

    Property Details for 111 Shr Dr

    Year built
    1986
    Lot size
    0.25 lot acres
    Property size
    6,274 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    4234-89-9481-0000
    APU
    42348994810000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Surf City
    County
    Pender
    State
    North Carolina
    Longitude
    -77.5442
    Latitude
    34.4265
    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
    0
    $0.00
    $349,920
    $164,425
    $514,345
    -
    $349,920
    $164,425
    $514,345

    Comparable in this City

    • Value Estimation by Request
      3,984 SF

      625 Anderson Blvd

      RETAIL STORES (PERSONAL SERVICES) • 3,984 SF
      625 Anderson Blvd, Topsail Beach, NC 28445-6833
      View Details
    • Value Estimation by Request
      5,100 SF

      13997 Nc Hwy 50

      RETAIL STORES (PERSONAL SERVICES) • 5,100 SF
      13997 Nc Hwy 50, Surf City, NC 28445-6544
      View Details
    • Value Estimation by Request
      9,020 SF

      14062 Nc Hwy 50

      RETAIL STORES (PERSONAL SERVICES) • 9,020 SF
      14062 Nc Hwy 50, Surf City, NC 28445-6564
      View Details
    • Value Estimation
      $320,000
      7,875 SF

      714 Anderson Blvd

      RETAIL STORES (PERSONAL SERVICES) • 7,875 SF
      714 Anderson Blvd, Topsail Beach, NC 28445-6887
      View Details
    • Value Estimation
      $470,000
      924 SF

      822 Carolina Blvd

      RETAIL STORES (PERSONAL SERVICES) • 924 SF
      822 Carolina Blvd, Topsail Beach, NC 28445-7031
      View Details
    • Value Estimation by Request
      4,700 SF

      1161 Spot Ln

      RETAIL STORES (PERSONAL SERVICES) • 4,700 SF
      1161 Spot Ln, Surf City, NC 28445-6861
      View Details

    Similar Nearby for Sale

    • $3,495,000
      3,606 SF

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      Thriving restaurant with prime location and sound reputation.
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    • $3,495,000

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      Thriving restaurant business and building for sale in Surf City.
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    • $625,000
      0.18 Acres

      Surf City Canal-Front Lot

      Canal-front lot with new seawall and deeded beach access.
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    • $399,000

      Topsail Island Vacant Lot

      Vacant lot near sandy shores, local amenities, and Atlantic Ocean.
      1422 N Topsail Dr, Surf City, NC 28445
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    • $849,000

      Sound Front Lot Ready

      Second row lot with permitted septic system for 4-bedroom home.
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    • $175,000
      1.50 Acres

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    Similar Nearby for Lease

    • $22 SF/Yr
      4,452 SF

      Surf City NC Office/Retail Space

      Office and retail space available for rent in Surf City.
      13094 Nc Highway 50, Surf City, NC 28445
      View Details
    • $3,600 /Mo
      2,350 SF

      Stand Alone Office Building

      Stand alone office building in rapidly growing area for lease.
      145 Lee St, Holly Ridge, NC 28445
      View Details
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    111 Shr Dr
    Surf City, NC 28445-6639
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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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