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    OFF-MARKET
    Office buildings

    175 Ramp Rd, Columbia, NC 27925-9127

    5,084 SF 4.96 ac lot Built 1970
    Entity Owned 5-yr Hold Absentee Owner Free & Clear
    Property ID
    US53-4374763
    Property summary
    AI-generated overview

    Cypress Cove Marina presents a unique investment opportunity in Columbia, North Carolina. This established marina boasts 50 wet slips with a six-foot water depth, conveniently located just 20 miles from the Intracoastal Waterway (ICW). The property encompasses 23 acres of land, divided into four parcels. The core marina site itself covers 4.96 acres, complemented by an additional 4.58 acres of adjacent land and a 13.76-acre buffer zone. The existing infrastructure includes 20,000 square feet of buildings, providing ample space for office administration, showroom displays, maintenance operations, and storage. These buildings are well-suited for a variety of uses, including boat sales, service, brokerage, fuel sales, a ship store, and even boat construction. Recent improvements include a newer bulkhead and riprap, a convenient boat ramp, and a substantial 25-ton travel lift. The property's zoning is designated as HB. Built in 1970, this marina offers significant upside potential for expansion and diversification. An adjacent waterfront home is available for separate purchase. This turnkey operation is ready for an owner-operator or investor looking to capitalize on the thriving boating community. Contact for pricing.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1970
    Total area 5,084 SF
    Lot 4.96 ac (216,058 SF)
    APN T052 01 029
    UPID US53-4374763
    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
    • Cypress Cove Marina / Yacht Doc, Inc Marina
    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
    Gsm Properties LLC · 5 yrs held
    Gsm Properties LLC
    since 2021
    3 recorded transactions
    2021
    2021
    $10,000
    2005
    $400,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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