Individually Owned Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2016
Construction
STEEL FRAME
Total area
11,298 SF
Lot
1.46 ac (63,598 SF)
Zoning code
NB
APN
2250006307
UPID
US53-4059396
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.23M
CAP Approach
CAP
$1.72M
Comparable Approach
Comparable
$1.53M
Blend (final)
Blend
$2.24M
Owner & transaction history
since 2021
Last sale
$2.3M
2 recorded transactions
Zoning & alternative use
NB · Carolina Shores, NC
Zoning description
NB Neighborhood Business District. The regulations for this district are designed to permit a concentrated development of permitted facilities which are normally adjacent to non-federal highways and routinely adjacent to…
General category
COMMERCIAL
Top alternative use upside
Restaurant
$3.1M
+11.7%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.24M
Value range
$2.02M – $2.46M
±10% around blend
Estimated value / SF
$198 / SF
Confidence
Low
3 county-verified comps
Property data
75
Market benchmarks
67
Comparable evidence
30
$2.02M
blend $2.24M
$2.46M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
11,298 SF
Lot area
1.46 ac
Year built
2016
APN
2250006307
Zoning
NB
Assessed value
$1,922,210
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.72M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.86M
@ 6.5% CAP return
$1.72M
@ 7% CAP return
$1.60M
4
Sales comparison
Partial preview
Sales approach indication
$2.26M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.8 mi away · 8,000 SF
22.6 mi away · 8,130 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.24M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 39 sales
$245
-19%
County 109 sales
$229
-13%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $198/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+12%
vs current-use indication
Retail Stores · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
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Overview
Implied cap rate
5.00%
Implied, in-place cap rate for this retail space
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.00%
9.0%
NOI (est.)
$159k *
Last sale · Sep 2021
$2.27M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.18M
Move the market yield to see immediate price impact.
Value / SF
$282
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.50%5.00%5.50%
$143k
$3.18M
$2.87M
$2.60M
$159k
$3.54M
$3.18M
$2.89M
$175k
$3.89M
$3.50M
$3.18M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$1.68M
1.5 mi · Apr 2026 · $203/SF
Property tax & assessments
Property tax & assessments
Assessed value
$1,922,210
Assessed 2024
Previous assessed
$1,922,210
+0.0% YoY
Assessed land
$381,590
Assessed improvement
$1,540,620
Land market value
$381,590
Improvement market value
$1,540,620
Total market value
$1,922,210
Applied tax rate
18.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
AC.PACKAGE
Total area
11,298 SF
Lot
1.46 ac (63,598 SF)
Zoning code
NB
APN
2250006307
UPID
US53-4059396
Jurisdiction
BRUNSWICK
Zoning & alternative use
NB · Carolina Shores, NCZoning NB · permitted uses
NB · Carolina Shores, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
NB Neighborhood Business District. The regulations for this district are designed to permit a concentrated development of permitted facilities which are normally adjacent to non-federal highways and routinely adjacent to…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Lot
1.46 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
NB
COMMERCIAL
Jurisdiction
Carolina Shores, NC
Recorded code
NB
Official district
NB
Official district profile
What the municipal code says about NB
Zoning description
NB Neighborhood Business District. The regulations for this district are designed to permit a concentrated development of permitted facilities which are normally adjacent to non-federal highways and routinely adjacent to…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NB in Carolina Shores, NC.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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