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Property profile & analytics
OFF-MARKET
Banks
8001 Oak Is Dr Oak Island, NC 28465-8064
Individually Owned
12-yr Hold
Free & Clear
Property ID
US53-1471266
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2005
Total area
2,982 SF
Zoning code
CB
APN
250CM010
UPID
US53-1471266
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
-
Monica Roane Realtor, The Advantage Team, Southern Realty Advantage Real Estate Agency
-
Lynda Haraway Group Sales & Real Estate Agency
-
The Warrior Ride Charitable Organization
-
Southern Modular Homes (Bike/Boat/Book/etc) Store Hardware & Home Improvement
-
Steve Marens, Lynda Haraway Group-OKI Real Estate Agency
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
Todd Surratt · 12 yrs held
Todd Surratt
since 2013
1 recorded transaction
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
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
$1,429,090
Assessed 2023
Previous assessed
$1,191,590
+19.9% YoY
Assessed land
$899,090
Assessed improvement
$530,000
Land market value
$899,090
Improvement market value
$530,000
Total market value
$1,429,090
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2005
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
2,982 SF
Zoning code
CB
APN
250CM010
UPID
US53-1471266
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
2005
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
2
Current owner
From public records · entity-resolved
Todd Surratt
Individual
Free & Clear · 12 yrs held
Mailing address
PO BOX 957, OAK ISLAND, NC 28465-6859
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2013
$250,000
Todd Surratt
Federal Deposit Ins Corp
Grant Deed
—
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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