Property profile

209 Raleigh Ave Carolina Beach, NC 28428

OFF-MARKET
Hotels
Property ID
US53-0950666
1,908 SF 0.12 ac lot Built 1938
Entity Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1938
Construction WOOD FRAME
Total area 1,908 SF
Lot 0.12 ac (5,053 SF)
Zoning code MX
APN R09006-019-011-000
UPID US53-0950666

Cap rate & NOI

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

Location

209 Raleigh Ave Carolina Beach, NC 28428
Carolina Beach metro Census 12202 WILMINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.74M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.82M

Owner & transaction history

since 2022
Last sale
$2.4M
3 recorded transactions
2025
Price N/A
2022
$2.4M
2021
$925,000

Zoning & alternative use

MX · Carolina Beach, NC
Zoning description

This district is established to provide for an area of transitional land uses between intensified use districts or elements and residential districts. This district includes an area of mixed land uses between the intensi…

General category MIXED_USE

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
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 209 Raleigh Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message