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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Auto shops
290 Ocean W Hwy, Supply, NC 28462-4040
Entity Owned
8-yr Hold
Free & Clear
Property ID
US53-0814199
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2019
Total area
6,300 SF
Lot
1.69 ac (73,616 SF)
Zoning code
CLD
APN
16800057
UPID
US53-0814199
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
-
Carquest Auto Parts - Supply Auto Parts, Inc. Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$741k
Blend (final)
Blend
$710k
Owner & transaction history
Louann Investments LLC · 8 yrs held
Louann Investments LLC
since 2018
7 recorded transactions
Zoning & alternative use
CLD · Supply, 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 Supply submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Supply 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,095,000
Current use
WAREHOUSE, STORAGE
$1,020,000
Change: -6% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,010,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±10%
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
$113 / 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
$705,700
Assessed 2023
Previous assessed
$546,770
+29.1% YoY
Assessed land
$169,000
Assessed improvement
$536,700
Land market value
$169,000
Improvement market value
$536,700
Total market value
$705,700
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2019
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
6,300 SF
Lot
1.69 ac (73,616 SF)
Zoning code
CLD
APN
16800057
UPID
US53-0814199
Jurisdiction
BRUNSWICK
Zoning & alternative use
CLD · Supply, NC
Zoning CLD · permitted uses
CLD · Supply, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Supply. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
AUTO REPAIR, GARAGE Current
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.69 ac
Current owner
From public records · entity-resolved
Louann Investments LLC
Entity
Free & Clear · 8 yrs held
Mailing address
427 OCEAN HWY W, SUPPLY, NC 28462-4045
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2022
—
Aztec Investment Group LLC
—
Deed
related
$255,000 · First Bank
Apr 26, 2018
—
Loan Invs LLC
—
Trustees Deed
related
$450,000 · Branch Bk&tr
Apr 19, 2018
—
Louann Investments LLC
Lewis,louie A JR & Angela C
Warranty Deed
—
Dec 20, 2017
—
Louie A Lewis JR
Lewis,louie A SR
Quit Claim Deed
related
—
Jul 26, 2016
—
Tina M Culbreath
Lewis,louie A SR
Warranty Deed
related
—
Nov 18, 2013
$55,000
Louis A Lewis SR.
Newbridge Bk
Grant Deed
—
Mar 28, 2011
$233,750
Security Savings Bank Ssb
Sea-j LLC
Deed In Lieu Of Foreclosure
—
Jun 2, 2006
$275,000
Sea-j LLC
Inglis,debra A
Warranty Deed
$233,750 · Security Savings Bank
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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