Property profile

5811 Oak Is Dr Oak Island, NC 28465

OFF-MARKET
Retail properties & Spaces
Property ID
US53-5516761
1,600 SF Built 1965
Entity Owned 5-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE (MULTI-STORY)
Year built 1965
Total area 1,600 SF
Zoning code CB
APN 250AG00801
UPID US53-5516761

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
  • Bakery Take-out & Catering

Location

5811 Oak Is Dr Oak Island, NC 28465-5040
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
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2020
Last sale
$145,000
3 recorded transactions
2020
Price N/A
2008
$145,000
1969
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5811 Oak Is Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message