Property profile

1123 Lk Park S Blvd Carolina Beach, NC 28428

OFF-MARKET
Hotels
Property ID
US53-2023967
1,890 SF 1.26 ac lot Built 1939
Entity Owned 20-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1939
Construction WOOD FRAME
Total area 1,890 SF
Lot 1.26 ac (55,016 SF)
Zoning code MF
APN R09014-002-026-000
UPID US53-2023967

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
  • Hotel & Motel

Location

1123 Lk Park S Blvd Carolina Beach, NC 28428-5520
Carolina Beach metro Census 12202 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$655k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$980k

Owner & transaction history

since 2005
1 recorded transaction
2005
Price N/A

Zoning & alternative use

MF · Carolina Beach, NC
Zoning description

This district is established to provide for moderate to high density single family and multifamily residential uses and other compatible uses of varying types and designs. It functions as an alternative housing type near…

General category RESIDENTIAL

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
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 1123 Lk Park S Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message