Property profile

205 Charlotte Ave Carolina Beach, NC 28428

OFF-MARKET
Turn key restaurants
Property ID
US53-1014865
6,845 SF 0.44 ac lot Built 1950
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Construction WOOD FRAME
Total area 6,845 SF
Lot 0.44 ac (19,341 SF)
Zoning code CBD,CENTRAL BUS DIST
APN R09006-032-014-000
UPID US53-1014865

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Wedding Service

Location

205 Charlotte Ave Carolina Beach, NC 28428-5121
Carolina Beach metro Census 12202 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.68M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.51M
Blend (final) Blend
$2.60M

Owner & transaction history

since 2023
Last sale
$2.3M
1 recorded transaction
2023
$2.3M

Zoning & alternative use

CBD,CENTRAL BUS DIST · Carolina Beach, NC

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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