New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,610,000
Retail space
1745 Southport Supply SE Rd, Bolivia, NC 28422-7679
Entity Owned
6-yr Hold
Free & Clear
Property ID
US53-1085305
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Total area
8,320 SF
Lot
2.06 ac (89,734 SF)
Zoning code
CLD
APN
1850001040
UPID
US53-1085305
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
$1.27M
Comparable Approach
Comparable
$1.76M
Blend (final)
Blend
$1.61M
Owner & transaction history
Traction Ventures LLC · 6 yrs held
Traction Ventures LLC
since 2019
7 recorded transactions
Zoning & alternative use
CLD · Bolivia, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.3M
+19.8%
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 Bolivia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bolivia 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,370,000
6.5%
$1,265,000
7%
$1,175,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,905,000
Current use
RESTAURANT
$2,280,000
Change: +20% · Conversion: Easy
OFFICE BUILDING
$1,880,000
Change: -1% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,585,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.61M
Range $1.45M – $1.77M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$194 / SF
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
$1,236,990
Assessed 2023
Previous assessed
$788,960
+56.8% YoY
Assessed land
$161,860
Assessed improvement
$1,075,130
Land market value
$161,860
Improvement market value
$1,075,130
Total market value
$1,236,990
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2008
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
8,320 SF
Lot
2.06 ac (89,734 SF)
Zoning code
CLD
APN
1850001040
UPID
US53-1085305
Jurisdiction
BRUNSWICK
Zoning & alternative use
CLD · Bolivia, NC
Zoning CLD · permitted uses
CLD · Bolivia, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bolivia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.9M
RESTAURANT
Est. value
$2.3M
OFFICE BUILDING
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
2
Lot
2.06 ac
Current owner
From public records · entity-resolved
Traction Ventures LLC
Entity
Free & Clear · 6 yrs held
Mailing address
5109 NICHOLAS CRK CIR, WILMINGTON, NC 28409-2356
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2019
$869,000
Traction Ventures LLC
Shelby 1 LLC
Warranty Deed
—
Apr 11, 2019
—
Shelby 1 LLC
—
Deed
related
$243,500 · Mike Greenwell
Mar 22, 2019
—
Shelby 1 LLC
—
Trustees Deed
related
$115,000 · Perfect Petroleum
Feb 14, 2019
—
Shelby 1 LLC
Scuderi,christopher J & Carol
Grant Deed
—
Sep 24, 2015
$810,000
Shelby LLC
Dollar Properties LLC
Trustees Deed
$487,583 · Wells Fargo Bk
Jul 16, 2007
$300,000
Dollar Properties LLC
Lewis,louie A
Warranty Deed
$270,000 · Branch Banking & Trust Co
—
—
Shelby 1 LLC
—
Deed Of Trust
related
$243,500 · Mike Greenwell
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1745 Southport Supply SE Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
