Financial
Distress signals
Property profile

517 Lewis Dr Carolina Beach, NC 28428

FOR SALE
Other warehouses
Property ID
US53-1256247
1,200 SF 1.45 ac lot Built 1984
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Pleasure Island Mini Storage is a self-storage facility in Carolina Beach, North Carolina, operating in place for more than two decades. The site comprises 8 separate storage buildings containing approximately 237 units across a range of sizes, with a total of about 25,720 square feet of rentable storage area. The property is fully fenced and secured with video surveillance cameras, and it includes an on-site management office with a reception area plus a one-bedroom apartment with appliances.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$8k
Tax billed · 2024
Assessed value$1.83M
Assessed land$850k
Assessed improvement$984k
Effective rate0.41%

Value estimate

· Sep 2026
$390k
$351k – $429k
AI approach$390k
NOI build-up
Gross scheduled income$401k
Vacancy & credit loss−$26k
Operating expenses−$112k
NOI · 8.07% cap applied$262k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$257/SF
County average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$91 – $475

Cap rate analysis

How does the asset earn?
8.07%
$262k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
HB
This district is established to accommodate businesses oriented toward the motoring public and which require a high volume of traffic. In...
General categoryCOMMERCIAL
JurisdictionNEW HANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop17.2
Law Firm16.1
Building Supply15.7

Location

517 Lewis Dr Carolina Beach, NC 28428
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
308 Lk Park N, Carolina Beach, NC 28428 $500,000 Oct 2022 4,846 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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