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    24480 Us Highway 17 Hampstead, NC 28443
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    Property profile & analytics

    24480 Us Highway 17, Hampstead, NC 28443

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    • Office buildings
    • 5,100 SF
    • 2.92 lot acres
    For Sale
    $250,000
    View Listing →
    Highway Frontage Commercial Land For Sale
    $250,000
    2.92 Acres

    Highway Frontage Commercial Land

    2.92 acres of commercial land on US Highway 17.

    24480 Us Highway 17, Hampstead, NC 28443
    View Listing
    Property ID
    US53-4729703
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 24480 Us Highway 17

    Year built
    2018
    Lot size
    2.92 lot acres
    Zone code
    RP
    Property type
    Office buildings
    APN
    4226-52-8735-0000
    APU
    42265287350000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hampstead
    County
    Pender
    State
    North Carolina
    Longitude
    -77.5873
    Latitude
    34.4636
    CBSA code
    48900
    CBSA name
    WILMINGTON, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $248,000
    $229,705
    $477,705
    -
    $248,000
    $229,705
    $477,705

    Comparable in this City

    • Value Estimation by Request
      3,750 SF

      14711 Us Hwy 17

      OFFICE BUILDING (MULTI-STORY)
      14711 Us Hwy 17, Hampstead, NC 28443-3501
      View Details
    • Value Estimation
      $530,000
      5,107 SF

      15331 Us Hwy 17

      OFFICE BUILDING (MULTI-STORY)
      15331 Us Hwy 17, Hampstead, NC 28443-3313
      View Details
    • Value Estimation
      $740,000
      3,821 SF

      13310 Us Hwy 17

      OFFICE BUILDING (MULTI-STORY)
      13310 Us Hwy 17, Hampstead, NC 28443-3532
      View Details
    • Value Estimation by Request
      1,296 SF

      101 Olde Pt Rd

      OFFICE BUILDING (MULTI-STORY)
      101 Olde Pt Rd, Hampstead, NC 28443
      View Details
    • Value Estimation
      $930,000
      4,943 SF

      20959 Us Hwy 17

      OFFICE BUILDING (MULTI-STORY)
      20959 Us Hwy 17, Hampstead, NC 28443-3149
      View Details
    • Value Estimation by Request
      1,064 SF

      15215 Us Hwy 17

      OFFICE BUILDING
      15215 Us Hwy 17, Hampstead, NC 28443-3315
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Hampstead Village Office Space Available

      Office space for sale in Hampstead Village, Hampstead, NC
      36 Southend Ct S, Hampstead, NC 28443
      View Details
    • Contact for pricing
      5,040 SF

      Office/Warehouse Buildings on Highway 17

      Two office/warehouse buildings with highway frontage, delivery Fall 2026.
      44 Perkins Dr, Hampstead, NC 28443
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      Hampstead Apartments Near Surf City

      24-unit apartment complex in Hampstead, NC, near Wilmington beaches.
      15841 Us Highway 17, Hampstead, NC 28443
      View Details
    • $334,900
      0.55 Acres

      Scenic Waterfront Land in Hampstead

      Waterfront property with ICWW access and community boat ramp.
      76 Hughes Rd, Hampstead, NC 28443
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    • $85,000
      0.54 Acres

      Residential Lots in Growing Area

      Residential lots in Hampstead, near schools, shopping, and future bypass.
      Renee Dr, Hampstead, NC 28443
      View Details
    • $85,000
      0.54 Acres

      Residential Lots in Hampstead, NC

      Residential lots in a rapidly growing area near amenities.
      Renee Dr, Hampstead, NC 28443
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Commercial Space on Hwy 17

      Upcoming commercial hub with restaurant, retail, and office space.
      Us Highway 17, Hampstead, NC 28443
      View Details
    • Contact for pricing
      13,200 SF

      New Medical Office Space

      New Hampstead medical office space for lease or build-to-suit.
      16501 Us Highway 17, Hampstead, NC 28443
      View Details
    • Contact for pricing
      15,000 SF

      Industrial Flex Space For Lease

      Industrial flex buildings for lease in Hampstead, North Carolina.
      13047 Us Highway 17, Hampstead, NC 28443
      View Details
    • Contact for pricing

      Retail Space in Surf City

      Retail space for lease in a neighborhood shopping center.
      2765 Nc Highway 210 E, Surf City, NC 28443
      View Details
    • Contact for pricing

      Hampstead Commercial Site on US-17

      7.38-acre commercial site in Hampstead, Wilmington, NC for lease.
      14775 Us Highway 17, Hampstead, NC 28443
      View Details
    • Contact for pricing
      12,000 SF

      New Retail Development in Hampstead

      New retail development with units from 1,145 to 12,000 SF.
      14560 Us Highway 17, Hampstead, NC 28443
      View Details
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    Hampstead, NC 28443
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    24480 Us Highway 17, Hampstead, NC, 28443
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