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Property profile & analytics
OFF-MARKET
Estimated value
$4,635,000
Retail properties & Spaces
25 Naber Dr Shallotte, NC 28470-4698
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US53-2211543
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2007
Total area
32,500 SF
Lot
3.87 ac (168,577 SF)
Zoning code
HB
APN
1970002024
UPID
US53-2211543
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
ATM Atm
-
Ashley Store Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.33M
CAP Approach
CAP
$4.94M
Comparable Approach
Comparable
$3.28M
Blend (final)
Blend
$4.64M
Owner & transaction history
Shallotte Investments LLC · 6 yrs held
Shallotte Investments LLC
since 2020
Last sale
$3.2M
3 recorded transactions
Zoning & alternative use
HB · Shallotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Shallotte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shallotte submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$5,310,000
ML approach
$5,330,000
CAP Approach
CAP Return
Estimation
6%
$5,345,000
6.5%
$4,935,000
7%
$4,585,000
Blend value · Realmo final
$4.64M
Range $4.17M – $5.10M · ±10% · vs last sale $3.20M (Mar 31 2020)
Last sale anchor
$3.20M
Mar 31 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$143 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$3,861,750
Assessed 2023
Previous assessed
$3,245,250
+19.0% YoY
Assessed land
$1,003,030
Assessed improvement
$2,858,720
Land market value
$1,003,030
Improvement market value
$2,858,720
Total market value
$3,861,750
Applied tax rate
22.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2007
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
3
Total area
32,500 SF
Lot
3.87 ac (168,577 SF)
Zoning code
HB
APN
1970002024
UPID
US53-2211543
Jurisdiction
BRUNSWICK
Zoning & alternative use
HB · Shallotte, NC
Zoning HB · permitted uses
HB · Shallotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shallotte. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
3
Lot
3.87 ac
Current owner
From public records · entity-resolved
Shallotte Investments LLC
Entity
Mailing address
2361 DAVID H MCLEOD BLVD, FLORENCE, SC 29501-4035
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2020
$3,200,000
Shallotte Investments LLC
Tkj Properties LLC
Warranty Deed
$2,024,000 · Truist Bank
Feb 23, 2007
—
Tkj Properties LLC
Gray,w Thomas
Grant Deed
$3,780,000 · Carolina First Bank
—
—
Tkj Properties LLC
—
Deed Of Trust
related
$6,000,000 · Bank Of Nc
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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