2556 Ocean Hwy West, Shallotte, NC 28470
For Sale
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This exceptional 1.36-acre commercial property, located at 2556 Ocean Highway West in Shallotte, North Carolina, presents a unique investment opportunity. The property boasts a prime location on a high-traffic section of Highway 17, seeing over 35,000 vehicles daily, and benefits from a newly improved U-turn providing easy access. The site includes a well-maintained 2,304 square foot, two-bay block building with a second-story loft, previously used as an automotive electrical services business. Additionally, there's a 1,865 square foot mobile home in excellent condition, featuring a Florida room, which could serve as office space or be removed. A separate garage is also on the site. The property offers significant frontage on Highway 17 (nearly 500 feet) and Royal Oak Road (nearly 200 feet), with three convenient access driveways. Zoned COMM, this property enjoys the benefits of county zoning with easy access to Shallotte. Situated just over half a mile north of the Highway 17/Main Street intersection, the property is served by county water and a septic system, with a county sewer force main running along Highway 17. Note that a billboard on the property is owned by The Sign Shoppe. This property is being offered at $850,000, with a price per square foot of $368.92. The property consists of three buildings, all single-story, built in 1996, and features a total of 2,304 square feet on the 1.36-acre lot (APN: 1820009809). This is a rare chance to acquire an established commercial property in a thriving location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
CLD · Shallotte, NCShallotte. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.