Technical
Financial
Distress signals
Property profile

8721 Oak Is Dr Oak Island, NC 28465

OFF-MARKET
Office buildings
Property ID
US53-0824929
1,600 SF Built 1984
Individually Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1984
Total area 1,600 SF
Zoning code CB
APN 250CI023
UPID US53-0824929

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm

Location

8721 Oak Is Dr Oak Island, NC 28465-8367
Oak Island metro Census 20315 MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$150k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k

Owner & transaction history

since 2020
Last sale
$78,000
7 recorded transactions
2020
$45,000
2019
$42,000
2015
Price N/A
2014
Price N/A
2012
Price N/A
2010
Price N/A
2005
Price N/A

Zoning & alternative use

CB · Oak Island, NC
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.

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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