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Property profile & analytics
OFF-MARKET Estimated value $850,000
Strip malls

1671 Howe St Ste 2 Southport, NC 28461-8072

28,720 SF 6.25 ac lot Built 2000
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US53-0899599
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2000
Total area 28,720 SF
Lot 6.25 ac (272,250 SF)
Zoning code HC
APN 22100031
UPID US53-0899599
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
$585k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.12M
Blend (final) Blend
$850k
Owner & transaction history
Southport Wms LLC · 4 yrs held
Southport Wms LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
HC · Southport, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

10. HC: Highway Commercial District. A district established for the retailing of durable goods, provision of commercial services to industrial areas, and the provision of services to transients. 11. LI: Light Industrial District. A district established to accommodate commercial warehousing and light industrial uses. 12. HI: Heavy Industrial District. A distr…

Zone name Highway Commercial
General category INDUSTRIAL
Zone area 244.34 ac
Source 2021 0708 Southport UDO Full
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