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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Retail space
4607 Main St Shallotte, NC 28470-4453
Entity Owned
8-yr Hold
Free & Clear
Property ID
US53-5654915
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2018
Total area
9,963 SF
Lot
1.71 ac (74,488 SF)
Zoning code
HB
APN
198AA001
UPID
US53-5654915
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
-
Dollar Tree (Bike/Boat/Book/etc) Store Arcade & Gaming Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.52M
Comparable Approach
Comparable
$1.26M
Blend (final)
Blend
$1.47M
Owner & transaction history
Shallotte Investments LLC · 8 yrs held
Shallotte Investments LLC
since 2017
7 recorded transactions
Zoning & alternative use
HB · Shallotte, 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 Shallotte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shallotte 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%
$1,640,000
6.5%
$1,515,000
7%
$1,405,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,445,000
Current use
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±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
$148 / 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
$1,479,760
Assessed 2023
Previous assessed
$1,260,090
+17.4% YoY
Assessed land
$518,150
Assessed improvement
$961,610
Land market value
$518,150
Improvement market value
$961,610
Total market value
$1,479,760
Applied tax rate
22.0000
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
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
9,963 SF
Lot
1.71 ac (74,488 SF)
Zoning code
HB
APN
198AA001
UPID
US53-5654915
Jurisdiction
BRUNSWICK
Zoning & alternative use
HB · Shallotte, NC
Zoning HB · permitted uses
HB · Shallotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Shallotte. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.4M
RETAIL STORES Current
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
Stories
1
Bathrooms
2
Lot
1.71 ac
Current owner
From public records · entity-resolved
Shallotte Investments LLC
Entity
Free & Clear · 8 yrs held
Mailing address
1131 MILITARY CUTOFF RD STE B, WILMINGTON, NC 28405-4711
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2017
—
Shallotte Investments LLC
—
Deed
related
$1,620,000 · South St Bk
Sep 28, 2017
—
Shallotte Investments LLC
Shallotte Seafood LLC
Quit Claim Deed
—
Dec 23, 2014
—
Shallotte Developers LLC
—
Trustees Deed
related
$1,000,000 · South St Bk
Sep 5, 2014
$162,500
Shallotte Seafood LLC
Hangill Family LLC
Grant Deed
—
May 14, 2014
—
Shallotte Developers LLC
Sahallotte Investments LLC
Grant Deed
related
—
Mar 21, 2014
—
Shallotte Investments LLC
Causey,robert F & Lena M
Warranty Deed
related
—
Apr 3, 2007
—
Hangill Family LLC
Magill,craig C
Quit Claim Deed
related
—
Apr 22, 2005
$262,000
Craig C Magill
Milliken,jeffrey A & Sonja R
Warranty Deed
—
—
—
Hangil Family LLC
—
Deed Of Trust
related
$127,000 · First Bank
—
—
Craig C Magill
—
Deed Of Trust
related
$150,000 · Bank Of Wilmington
—
—
Shallotte Investments LLC
—
Deed Of Trust
related
$1,620,000 · South St Bk
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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