1328 Lake Park Blvd Carolina Beach, NC 28428
Property profile & analytics
1328 Lake Park Blvd Carolina Beach, NC 28428
- Strip malls
- 23,378 SF
- 2.74 lot acres
Property ID
US53-0117758
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.
Location Intelligence
Current Use by Public Records
- Weckel Chiropractic / Alternative Medicine Practice
- Canvas Giclee Printing / (Bike/Boat/Book/etc) Store / Printing Service
- Loralie Grigas, MSW, LCSW, LCAS, PLLC / Psychotherapist
- Damian Brezinski, MD, FACC / Physician
- Carolina Beach Counseling LLC / Medical Clinic
Property Details for 1328 Lake Park Blvd
- Year built
- 2004
- Construction
- STEEL FRAME
- Lot size
- 2.74 lot acres
- Property size
- 23,378 SF
- Zone code
- HB
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- R08810-004-027-000
- APU
- R08810004027000
Description
This exceptional Class A commercial property, located at 1328 N Lake Park Blvd in Carolina Beach, NC 28428, offers 22,222 square feet of versatile space. Built in 2005, this single-story building features 16-foot ceilings and boasts a diverse range of uses, including medical, creative, and executive office spaces, along with retail and restaurant possibilities. The property includes 10 suites, with a minimum divisible space of 500 square feet and a maximum contiguous space of 2,700 square feet. Currently, 4,700 square feet is available. The 2.8-acre lot provides ample parking with 138 spaces. Conveniently situated near Walgreens, this property benefits from excellent visibility and accessibility, enhanced by multiple ingress and egress points. The zoning is Commercial Highway, within the Wilmington submarket cluster. Annual property taxes are $1 per square foot. Duke Energy provides power. This thriving business center already houses a variety of professionals, including medical practitioners, a dentist, chiropractor, acupuncturist, therapists, and a bagel shop, creating a vibrant and collaborative environment.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,965,000
- 6.5%
- $5,505,000
- 7%
- $5,110,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,726,000
- AI Estimate
- $5,416,000
Market price range: $3.58M - $7.63MMarket price range: $1.28M - $7.83M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $5,530,000 Current use
- OFFICE BUILDING
- $7,815,000 Change: +41% Conversion: Moderate
- RETAIL STORES
- $7,490,000 Change: +35% Conversion: Easy
- AUTO REPAIR, GARAGE
- $7,475,000 Change: +35% Conversion: Difficult
- MEDICAL BUILDING
- $7,090,000 Change: +28% Conversion: Difficult
- WAREHOUSE, STORAGE
- $6,005,000 Change: +9% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Carolina Beach
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.8988
- Latitude
- 34.0504
- 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
$26,305
$1,274,300
$2,681,400
$3,955,700
-
$1,274,300
$2,681,400
$3,955,700
