Property profile

1420 Sherman Dr Calabash, NC 28467

OFF-MARKET
Garden apartment buildings
Property ID
US53-3240434
1,539 SF 4.25 ac lot Built 2021
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 2021
Construction WOOD
Total area 1,539 SF
Lot 4.25 ac (185,130 SF)
Zoning code CB
APN 2410003016
UPID US53-3240434

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1420 Sherman Dr Calabash, NC 28467-4609
Calabash metro Census 20508 MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$585k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

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
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