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Financial
Distress signals
Property profile

213 Cape Fear Blvd Carolina Beach, NC 28428

FOR SALE
Hotels
Property ID
US53-5748890
5,456 SF 0.43 ac lot Built 1960
Last sale Apr 2006 · $750,000
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This mixed-use property includes four separate, deeded lots. Three lots are addressed at 213 Cape Fear Blvd and feature a two-story, 18-room motel, along with a house containing an office and a residential apartment. A fourth lot is vacant, deeded separately from the other three, and connects to the rear of the motel; it is addressed at 218 Charlotte Ave. The site has approximately 150 feet of road frontage on Cape Fear Blvd and approximately 50 feet of frontage on Charlotte Ave. The motel…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$925k
Assessed land$450k
Assessed improvement$475k
Effective rate0.67%

Value estimate

· Oct 2026
$350k
$315k – $385k
CAP approach$815k
Submarket $/SF estimate$1.51M
NOI build-up
Gross scheduled income$166k
Vacancy & credit loss−$3k
Operating expenses−$61k
NOI · 2.58% cap applied$102k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$612/SF
County average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$208 – $954

Cap rate analysis

How does the asset earn?
2.58%
$102k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MX
This district is established to provide for an area of transitional land uses between intensified use districts or elements and residenti...
General categoryMIXED_USE
JurisdictionNEW HANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.5
Electrical Service9.8
Auto Parts Store9.7

Location

213 Cape Fear Blvd Carolina Beach, NC 28428
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1621 Lk Park S, Carolina Beach, NC 28428-5724 $5,000,000 Jun 2022 11,668 SF
201 Fayetteville, Carolina Beach, NC 28428 $2,500,000 Dec 2021 4,836 SF
300 Lk Park S, Carolina Beach, NC 28428-5137 $2,500,000 Dec 2021 6,848 SF
410 Carolina Bch N, Carolina Beach, NC 28428 $2,750,000 Apr 2021 5,096 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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