Property profile

1162 Riv Rd Calabash, NC 28467

OFF-MARKET
Turn key restaurants
Property ID
US53-5656114
2,640 SF 0.36 ac lot Built 1980
Individually Owned 4-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1980
Total area 2,640 SF
Lot 0.36 ac (15,682 SF)
Zoning code CB
APN 25500062
UPID US53-5656114

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
  • Restaurant
  • (Bike/Boat/Book/etc) Store Bakery

Location

1162 Riv Rd Calabash, NC 28467-2708
Calabash metro Census 20517 MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$545k
CAP Approach CAP
by Request
Comparable Approach Comparable
$596k
Blend (final) Blend
$640k

Owner & transaction history

since 2021
Last sale
$650,000
5 recorded transactions
2021
$650,000
2020
Price N/A
2017
Price N/A
2013
$355,000
2005
$350,000

Zoning & alternative use

CB · Calabash, NC
Zoning description

The purpose of the CB district is to allow permitted uses such as automobile parts and accessory stores, automobile repair and service businesses, banks and other financial institutions, barber and beauty shops, bars and…

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
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 1162 Riv Rd?
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