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Property profile & analytics
OFF-MARKET
Retail space
708 Anderson Blvd Topsail Beach, NC 28445-6887
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US53-2349636
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1977
Total area
1,992 SF
Lot
0.16 ac (6,970 SF)
Zoning code
B-1
APN
4212-37-9586-0000
UPID
US53-2349636
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rockstar Development LLC · 1 yrs held
Rockstar Development LLC
since 2025
7 recorded transactions
Zoning & alternative use
B-1 · Topsail Beach, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
B-1 general business district. The general business district is established as a district in which the principal use of the land is for commercial, mixed-use, two-family residential, and service uses for the surrounding residential community. In promoting the general purposes of this article, the specific intent of this district is to: (1) Encourage the cons…
Zone name
General Business
General category
MIXED_USE
Zone area
19.81 ac
Source
Code of Ordinances
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 Topsail Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Topsail Beach 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$155,157
Assessed 2023
Previous assessed
$155,157
+0.0% YoY
Assessed land
$77,625
Assessed improvement
$77,532
Land market value
$77,625
Improvement market value
$77,532
Total market value
$155,157
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
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
1977
Heating
HEAT PUMP
Stories
1
Rooms
1
Bathrooms
1
Total area
1,992 SF
Lot
0.16 ac (6,970 SF)
Zoning code
B-1
APN
4212-37-9586-0000
UPID
US53-2349636
Jurisdiction
PENDER
Zoning & alternative use
B-1 · Topsail Beach, NCZoning B-1 · permitted uses
B-1 · Topsail Beach, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
B-1 general business district. The general business district is established as a district in which the principal use of the land is for commercial, mixed-use, two-family residential, and service uses for the surrounding residential community. In promoting the general purposes of this article, the specific intent of this district is to: (1) Encourage the construction of and the continued use of the land for commercial, mixed-use, two-family residential, and service uses. (2) Provide for the orderly expansion of such uses within the general business district, as designated on the zoning map. (3) Permit a concentrated, intensive development of the permitted uses while maintaining a substantial relationship between the intensity of land use and the capacity of utilities and streets. (4) Discourage the continuance of existing uses that would not be permitted as new uses under the provision of this district. (5) Allow accessory dwelling units. (e)
Zone name
General Business
General category
MIXED_USE
Zone area
19.81 ac
Source
Code of Ordinances
Building & site characteristics
From public records
Year built
1977
Heating
HEAT PUMP
Stories
1
Rooms
1
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Rockstar Development LLC
Entity
Mailing address
708 S ANDERSON BLVD, TOPSAIL BEACH, NC 28445-6887
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2025
$800,000
Rockstar Development LLC
Lori J Fisher
Warranty Deed
$849,435 · Providence Bank
May 12, 2022
—
Lori J Fisher
—
Deed
related
$300,000 · Coastal Bank & Trust
Aug 26, 2005
—
Lori J Westervelt
Westervelt,roger K
Quit Claim Deed
related
—
—
—
Fisher,charles R
—
Deed Of Trust
related
$150,000 · Coastal Bk&tr
—
—
Lori J Westervelt
—
Deed Of Trust
related
$123,000 · Bank Of America
—
—
Fisher,charles R & Lori J
—
Deed Of Trust
related
$150,000 · Coastal Bk&tr
—
—
Lori J Westervelt
—
Deed Of Trust
related
$104,950 · Bank Of America
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.
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