204 Smith Ave Shallotte, NC 28470-4458
This exceptional 2.71-acre commercial property in Shallotte, NC, is ideally situated on heavily traveled Smith Avenue, boasting excellent visibility across from the expanding Coastal Walk Marketplace. The site includes a 5,100+ square foot existing medical office building, adaptable for various uses or potential demolition. The property features a substantial stormwater pond engineered to support significant additional square footage development. Previously occupied by Novant Health, the building offers a large reception area, nine private offices, ten exam rooms, a lab, and a sizable kitchen. Ample plumbing and drainage make it suitable for medical, dental, salon, or spa uses. The two parcels (APN 1820017402 & 1820017403) were once planned for a six-building campus totaling 12,700+ square feet. The property benefits from its proximity to major retailers like Walmart, Home Depot, Lowe's, and Belk, and is within a rapidly growing area experiencing significant residential development. The Town of Shallotte's recent approval of an 80-unit apartment complex further enhances the property's value and potential. This prime location offers unparalleled opportunity for commercial development in southeastern North Carolina's thriving market. The asking price is $1,350,000. The permitted zoning is HB. Deeds with easements are recorded at Brunswick County Book 2152, page 563 (May 24, 2005) and B2828/P0159 (June 24, 2008).
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Dr. Paul C. Whitesides, MD Physician
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Rosa Berry Physician
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Dr. Michael D. Applegate, MD Physician Medical Clinic
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Marie M. Wheatley, FNP Physician
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Kimberly Steed MA, LPC Counselor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HB · Shallotte, NCShallotte. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.