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Property profile & analytics
OFF-MARKET
Office buildings

1427 Howe St Southport, NC 28461-2606

1,762 SF 0.82 ac lot Built 1920
Entity Owned 12-yr Hold Free & Clear
Property ID
US53-0642907
Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1920
Total area 1,762 SF
Lot 0.82 ac (35,719 SF)
Zoning code BD
APN 221MA032
UPID US53-0642907
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Horsemint Partners LLC · 12 yrs held
Horsemint Partners LLC
since 2014
6 recorded transactions
2014
Price N/A
2012
Price N/A
2012
$402,901
2004
$365,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
BD · Southport, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Change of Use or Redevelopment in the BD District A change of use or redevelopment whereby the floor area of the building or parcel is not expanded by greater than 25%. No parking required. Change of use or redevelopment whereby the floor area of the building or parcel is expanded by greater than 25%. Additional parking required shall be calculated based on…

Zone name Business District
General category COMMERCIAL
Zone area 234.43 ac
Source 2021 0708 Southport UDO Full
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