Property profile

5618 Oak Is Dr Oak Island, NC 28465

OFF-MARKET
Retail space
Property ID
US53-0660232
1,392 SF Built 1977
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1977
Total area 1,392 SF
Zoning code CB
APN 236PB003
UPID US53-0660232

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5618 Oak Is Dr Oak Island, NC 28465-5035
Oak Island metro Census 20315 MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2013
4 recorded transactions
2013
$115,000
2011
Price N/A
2010
$199,000
2007
Price N/A

Zoning & alternative use

CB · Oak Island, NC
Zoning description

The CB business district is established as a zone in which the use of the land is for commercial and service uses for the surrounding urban market area.

General category COMMERCIAL

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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