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Property profile & analytics
OFF-MARKET
Retail space

4606 Main St Shallotte, NC 28470-4452

2,268 SF 0.48 ac lot Built 1941
Entity Owned 16-yr Hold ~ Est. High Equity
Property ID
US53-0289682
Property summary
AI-generated overview

This exceptional 0.48-acre retail property, located at 4606 Main St in Shallotte, NC (28470), presents a compelling investment opportunity. The 5,300 square foot storefront, built in 1940 and renovated in 1975, boasts a prime location just south of Smith Ave and Main Street in downtown Shallotte. Benefitting from high visibility and traffic, this site enjoys approximately 21,000 cars passing daily (based on 2022 NCDOT data). The property is shadow anchored by the nearby Harbor Freight and Big Lots Shopping Center, providing significant synergy and drawing power. Three existing structures are situated on the lot, offering flexibility for redevelopment or continued use. Convenient access is provided by two driveways directly onto Main Street. All utilities are available. Zoning information can be found in the Town of Shallotte's Unified Development Ordinance (link available upon request). This property is ideal for entrepreneurs seeking a thriving location to establish a new business or for developers looking to capitalize on its redevelopment potential. The asking price is $1,450,000. The parcel's APN is 19800030.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1941
Total area 2,268 SF
Lot 0.48 ac (20,909 SF)
Zoning code CB
APN 19800030
UPID US53-0289682
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
  • Confederate Rose Auctions Trade Show Venue (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Confederate Rose INC · 16 yrs held
Confederate Rose INC
since 2009
3 recorded transactions
2009
$184,000
2007
Price N/A
1969
Price N/A
Zoning & alternative use
CB · Shallotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

» CB Central Business District - This district is established as a zone in which the use of the land is for commercial and service uses for an urban and rural market area. » CW Commercial Waterfront District - This district is established to preserve an d reserve adequate areas for water-related uses in the Town, while allowing low intensity commercial uses.…

Zone name Central Business
General category COMMERCIAL
Zone area 86.14 ac
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