Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Retail space
6324 Oak Is Dr Oak Island, NC 28465-4507
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1920373
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2016
Total area
4,880 SF
Zoning code
CB
APN
236PE020
UPID
US53-1920373
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
-
Oak Island Sporting Goods (Bike/Boat/Book/etc) Store
-
Lil & John's Sweetreat Ice Cream Parlor Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$740k
Comparable Approach
Comparable
$802k
Blend (final)
Blend
$810k
Owner & transaction history
Tidal Merchants LLC · 10 yrs held
Tidal Merchants LLC
since 2016
7 recorded transactions
Zoning & alternative use
CB · Oak Island, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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.
Zone name
Community Business
General category
COMMERCIAL
Zone area
80.02 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Oak Island submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oak Island submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$805,000
6.5%
$740,000
7%
$690,000
Blend value · Realmo final
$810k
Range $729k – $891k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$166 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$942,220
Assessed 2023
Previous assessed
$622,740
+51.3% YoY
Assessed land
$257,920
Assessed improvement
$684,300
Land market value
$257,920
Improvement market value
$684,300
Total market value
$942,220
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2016
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
4,880 SF
Zoning code
CB
APN
236PE020
UPID
US53-1920373
Jurisdiction
BRUNSWICK
Zoning & alternative use
CB · Oak Island, NCZoning CB · permitted uses
CB · Oak Island, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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.
Zone name
Community Business
General category
COMMERCIAL
Zone area
80.02 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2016
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
2
Current owner
From public records · entity-resolved
Tidal Merchants LLC
Entity
Free & Clear · 10 yrs held
Mailing address
4267 LONG BCH RD SE, SOUTHPORT, NC 28461-8626
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2024
—
Tidal Merchant LLC
—
Deed
related
$700,000 · First Bank
Oct 6, 2023
—
Diana Keesee
—
Deed
related
$500,000 · Ocean Walk Condominium Association INC
Oct 12, 2017
—
Tidal Merchant LLC
—
Deed
related
$569,240 · Oak Island Builder LLC
Mar 16, 2016
—
Tidal Merchants LLC
Oak Island Builder LLC
Grant Deed
related
—
Mar 1, 2016
—
Tidal Merchants LLC
Oak Island Builder LLC
Warranty Deed
—
Dec 23, 2014
$205,000
Oak Island Builder LLC
J & W Properties Of Oak Island LLC
Grant Deed
related
—
Apr 1, 2004
—
J & W Properties Of Oak Island
Owner Name Unavailable
Warranty Deed
related
—
—
—
Tidal Merchant LLC
—
Deed Of Trust
related
$569,240 · Oak Island Builder LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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 6324 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.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
