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Property profile & analytics
OFF-MARKET
Manufacturing properties
1642 Vlg Pt SW Rd Shallotte, NC 28470-5581
Individually Owned
2-yr Hold
Free & Clear
Property ID
US53-2167294
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
1968
Total area
6,677 SF
Lot
1.56 ac (67,954 SF)
Zoning code
CW
APN
230JB018
UPID
US53-2167294
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
Current use
Occupant on record · Public records
-
Lloyd's Oyster House Inc Food Market Farmer's Market
-
J.A. Milliken Seafood Company (Wholesale ONLY) Take-out & Catering Fish Market
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
Christina Lynn Araj · 2 yrs held
Christina Lynn Araj
since 2024
Last sale
$350,000
5 recorded transactions
Zoning & alternative use
CW · Shallotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Shallotte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shallotte submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$1,382,230
Assessed 2023
Previous assessed
$1,173,540
+17.8% YoY
Assessed land
$750,000
Assessed improvement
$632,230
Land market value
$750,000
Improvement market value
$632,230
Total market value
$1,382,230
Applied tax rate
22.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Status
Off-Market
Year built
1968
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Bathrooms
2
Total area
6,677 SF
Lot
1.56 ac (67,954 SF)
Zoning code
CW
APN
230JB018
UPID
US53-2167294
Jurisdiction
BRUNSWICK
Zoning & alternative use
CW · Shallotte, NC
Zoning CW · permitted uses
CW · Shallotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shallotte. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Bathrooms
2
Lot
1.56 ac
Current owner
From public records · entity-resolved
Christina Lynn Araj
Individual
Free & Clear · 2 yrs held
Mailing address
5701 W SIMMONS RD NW, ASH, NC 28420-3839
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2024
—
Christina Lynn Araj
Rhoda Belinda Solano
Quit Claim Deed
related
—
Jun 2, 2023
—
Mallory Milliken
City Insurance Of St Pauls INC
Quit Claim Deed
related
—
May 19, 2016
$350,000
Nekillim Food Service INC
Gray Linwood
Warranty Deed
$262,500 · First Bk
Mar 6, 2013
$275,835
Lloyd R Milliken
Trest Roy D
Trustees Deed
—
Jun 19, 2009
—
City Insurance Of St Pauls INC
Milliken,jeffrey A & Sonja R
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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