Property profile

5272 Ocean W Hwy Shallotte, NC 28470

OFF-MARKET
Medical Office Space
Property ID
US53-0825780
4,033 SF 0.85 ac lot Built 1995
Individually Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1995
Total area 4,033 SF
Lot 0.85 ac (37,026 SF)
Zoning code CLD
APN 21200010
UPID US53-0825780

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
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician

Location

5272 Ocean W Hwy Shallotte, NC 28470-4006
Shallotte metro Census 20505 MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$640k
CAP Approach CAP
$525k
Comparable Approach Comparable
by Request
Blend (final) Blend
$545k

Owner & transaction history

since 2020
Last sale
$430,000
7 recorded transactions
2020
Price N/A
2020
$430,000
2020
Price N/A
2015
$400,100
2011
Price N/A
2004
Price N/A
1969
Price N/A

Zoning & alternative use

CLD · Shallotte, NC
Top alternative use upside
Commercial (general) $650,000 +97.7%
Office building $610,000 +86.5%
Auto repair, garage $535,000 +62.5%

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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