New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,685,000
Retail space
4421 Long Bch SE Rd, Southport, NC 28461-8437
Entity Owned
6-yr Hold
Free & Clear
Property ID
US53-1999009
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2018
Total area
9,394 SF
Zoning code
CLD
APN
221IC043
UPID
US53-1999009
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.43M
Comparable Approach
Comparable
$1.83M
Blend (final)
Blend
$1.69M
Owner & transaction history
Sedgemoor Properties LLC · 6 yrs held
Sedgemoor Properties LLC
since 2019
7 recorded transactions
Zoning & alternative use
CLD · Southport, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.6M
+2.0%
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 Southport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southport 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%
$1,545,000
6.5%
$1,425,000
7%
$1,325,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,525,000
Current use
RESTAURANT
$2,575,000
Change: +2% · Conversion: Easy
OFFICE BUILDING
$2,490,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$1.69M
Range $1.52M – $1.85M · ±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
$179 / 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
$2,100,620
Assessed 2023
Previous assessed
$878,480
+139.1% YoY
Assessed land
$396,210
Assessed improvement
$1,704,410
Land market value
$396,210
Improvement market value
$1,704,410
Total market value
$2,100,620
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2018
Heating
HEAT PUMP
Cooling
CENTRAL
Total area
9,394 SF
Zoning code
CLD
APN
221IC043
UPID
US53-1999009
Jurisdiction
BRUNSWICK
Zoning & alternative use
CLD · Southport, NC
Zoning CLD · permitted uses
CLD · Southport, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southport. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.5M
RESTAURANT
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.5M
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
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
2018
Heating
HEAT PUMP
Cooling
Yes
Current owner
From public records · entity-resolved
Sedgemoor Properties LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 880, COLFAX, NC 27235-0880
Ownership since
2019
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
Aug 30, 2019
$2,264,000
Sedgemoor Properties LLC
Par 5 Dev Group LLC
Grant Deed
—
Oct 4, 2018
—
Par 5 Dev Group LLC
—
Grant Deed
related
$1,283,000 · First Bk
Dec 4, 2017
$599,000
Par 5 Dev Group LLC
Oceanside Holdings LLC
Trustees Deed
$7,500,000 · D & S Entrepreneurial Fund LLC
Mar 1, 2016
$300,000
Oceanside Holdings LLC
Atlas Nc I Spe LLC
Grant Deed
—
Dec 31, 2014
$540,000
Atlas Nc I Spe LLC
Livermon James S JR|southport Grill Corp
Trustees Deed
related
—
Jul 19, 2013
$610,500
Southport Grill Corp
Lucky Fisherman Restaurant INC
Warranty Deed
related
$586,600 · Branch Banking & Trust Co
—
—
Southport Grill Corp
—
Loan Modification
related
$698,000 · Branch Bk&tr
—
—
Southport Grill Corp
—
Loan Modification
related
$697,900 · Branch Bk&tr
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4421 Long Bch SE Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
