Technical
Financial
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Property profile

1688 Howe St Southport, NC 28461

OFF-MARKET
Land
Property ID
US53-0679151
7 ac lot
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Property summary

AI-generated overview

This exceptional 7-acre commercial parcel presents a unique investment opportunity in the thriving Southport, NC market. Strategically located directly across from a Walmart Supercenter, this property boasts unparalleled visibility and accessibility. Its single-tenant zoning offers flexibility for a variety of commercial ventures, making it suitable for ground lease arrangements or build-to-suit projects. The expansive acreage provides ample space for large-scale development, catering to businesses requiring significant footprint and parking. The high-traffic location ensures substantial exposure to a large customer base, maximizing potential return on investment. Given its prime location and versatility, this property is poised for significant growth and represents a compelling opportunity for discerning investors seeking a strong foothold in a rapidly developing area. The property's proximity to a major retail anchor like Walmart further enhances its desirability and potential for attracting a wide range of businesses. Serious inquiries are encouraged to explore the possibilities this exceptional commercial land offers. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a substantial commercial property in a highly sought-after location.

Property profile

Verified
Property type Land
Lot 7 ac (304,920 SF)
UPID US53-0679151

Cap rate & NOI

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

Location

1688 Howe St Southport, NC 28461
Southport metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

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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