Property profile

424 Howe St Southport, NC 28461

OFF-MARKET
Retail space
Property ID
US53-0722515
2,400 SF Built 1983
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1983
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,400 SF
Zoning code BD
APN 237EF020
UPID US53-0722515

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

424 Howe St Southport, NC 28461-3422
Southport metro Census 20306 MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2021
7 recorded transactions
2021
$416,000
2018
Price N/A
2016
Price N/A
2011
Price N/A
2009
Price N/A
2008
Price N/A
1969
Price N/A

Zoning & alternative use

BD · Southport, NC
Zoning description

Change of Use or Redevelopment in the BD District A change of use or redevelopment whereby the floor area of the building or parcel is not expanded by greater than 25%. No parking required. Change of use or redevelopment…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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