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Property profile & analytics
FOR SALE
Retail space

5460 Main St Shallotte, NC 28470

1,800 SF 2.95 ac lot Built 1964
Individually Owned Absentee Owner Free & Clear
Property ID
US53-1975990
Property summary
AI-generated overview

This exceptional commercial property, located at 5460 MAIN Street in Shallotte, North Carolina, presents a unique investment opportunity. The expansive 3.03-acre lot offers significant potential for a variety of commercial ventures. The existing building boasts 1,858 square feet of usable space, providing a solid foundation for immediate occupancy or redevelopment. The property's strategic location on Main Street ensures high visibility and accessibility, making it an ideal site for businesses seeking a prominent presence in the thriving Shallotte market. The substantial lot size allows for ample parking, expansion, or the addition of complementary structures. This versatile property is priced competitively at $550,000, representing an attractive return on investment for discerning buyers. Its size and location make it suitable for a wide range of commercial uses, from retail and office spaces to light industrial operations. The existing building's condition and layout offer flexibility for customization to meet specific business needs. Serious inquiries are encouraged to explore the full potential of this exceptional commercial property and its significant development opportunities within the vibrant Shallotte community. The property is ready for its next chapter, offering a blank canvas for a successful business venture. Don't miss this chance to acquire a prime commercial asset in a rapidly growing area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1964
Total area 1,800 SF
Lot 2.95 ac (128,502 SF)
Zoning code HB
APN 19700022
UPID US53-1975990
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
  • Pelican's SnoBalls-Shallotte Restaurant
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
FRANCES ANN S KNOWLES
FRANCES ANN S KNOWLES
Zoning & alternative use
HB · Shallotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

» HB Highway Business District - This district is established in which the principal use of land is for the retailing of durable goods, provision of commercial services to industrial areas, and the provision of services to transients. » CB Central Business District - This district is established as a zone in which the use of the land is for commercial and se…

Zone name Highway Business
General category INDUSTRIAL
Zone area 1,377.59 ac
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