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    Property profile & analytics

    5811 Oak Is Dr Oak Island, NC 28465-5040

    • Retail properties
    • 1,600 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 27, 2020
    $145,000
    Location Intelligence
    Property ID
    US53-5516761
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tropical Treats / Dessert Shop / Coffee Shop

    Property Details for 5811 Oak Is Dr

    Year built
    1965
    Property size
    1,600 SF
    Zone code
    CB
    Property type
    Retail properties
    APN
    250AG00801
    APU
    250AG00801

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oak Island
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.1054
    Latitude
    33.9119
    CBSA code
    34820
    CBSA name
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $42,640
    $80,970
    $123,610
    -
    $42,640
    $80,970
    $123,610

    Comparable in this City

    • Value Estimation
      $365,000
      5,200 SF

      5701 Oak Is Dr

      DEPARTMENT STORE (MULTI-STORY) • 5,200 SF
      5701 Oak Is Dr, Oak Island, NC 28465-5059
      View Details
    • Value Estimation
      $225,000
      2,313 SF

      5825 Oak Is Dr

      DEPARTMENT STORE (MULTI-STORY) • 2,313 SF
      5825 Oak Is Dr, Oak Island, NC 28465-5040
      View Details
    • Value Estimation by Request
      5,980 SF

      8903 Oak Is Dr Ste, Unit 1

      DEPARTMENT STORE (MULTI-STORY) • 5,980 SF
      8903 Oak Is Dr Ste, Oak Island, NC 28465-8379
      View Details
    • Value Estimation
      $340,000
      6,652 SF

      5829 Oak Is Dr

      DEPARTMENT STORE (MULTI-STORY) • 6,652 SF
      5829 Oak Is Dr, Oak Island, NC 28465-5040
      View Details
    • Value Estimation
      $330,000
      3,600 SF

      5817 Oak Is Dr

      DEPARTMENT STORE (MULTI-STORY) • 3,600 SF
      5817 Oak Is Dr, Oak Island, NC 28465-5040
      View Details
    • Value Estimation by Request
      2,448 SF

      1409 Bch Dr

      RETAIL STORES (PERSONAL SERVICES) • 2,448 SF
      1409 Bch Dr, Oak Island, NC 28465-6557
      View Details

    Similar Nearby for Sale

    • $950,000
      2,138 SF

      Equipped Restaurant Property on Oak Island

      Fully equipped restaurant with high visibility and ample parking.
      8300-8300 E Oak Island Dr, Oak Island, NC 28465
      View Details
    • $325,000

      Oversized Corner Lot Near Beach

      Spacious cleared lot near beach, shops, and restaurants.
      4401 E Oak Island Dr, Oak Island, NC 28465
      View Details
    • $275,000
      Pending

      Garage/Workshop on Oak Island Lot

      High and dry lot with 1,200+ sq. ft. garage/workshop.
      132 NW 18Th St, Oak Island, NC 28465
      View Details
    • $174,900
      0.15 Acres

      Residential Land Near Beach

      Residential land near the beach and Intracoastal waterway.
      NW 3Rd St, Oak Island, NC 28465
      View Details
    • $889,000
      0.31 Acres

      Oak Island Waterfront Lot

      Second row lot with navigable water and ocean views.
      10 W Beach Dr, Oak Island, NC 28465
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    • $250,000
      0.15 Acres

      Residential Land Near Beach Access

      High lot ideal for island dream home near beach.
      142 NE 18Th St, Oak Island, NC 28465
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,439 SF

      Retail Space in Publix-Anchored Center

      Retail space available in Oak Island near the beach.
      5001-5003 E Oak Island Dr, Oak Island, NC 28465
      View Details
    • Contact for pricing

      Corner Lot Commercial Land

      Corner lot with access, suited for many concepts.
      8301 E Oak Island Dr, Oak Island, NC 28465
      View Details
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    Oak Island, NC 28465-5040
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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