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    OFF-MARKET
    Commercial real estate

    8769 River Rd, Southport, NC 28461

    1,882 SF 0.28 ac lot Built 1979
    Property ID
    US53-0291590
    Property summary
    AI-generated overview

    This 1,882 square foot retail property, located at 8769 River Road SE in Southport, North Carolina, presents a unique investment opportunity. Priced at $530,000 ($281.62/sq ft), this single-tenant property boasts 100% occupancy. Built in 1979 and situated on a 0.28-acre lot (APN 221LA01105), the building is a single-story structure with HC zoning. The property has been owner-occupied since construction and has never been leased. Significant renovations were completed in 2018, including a roof replacement. The HVAC system was also replaced in 2015. Interior features include gorgeous tile and LVT/LVP flooring throughout, a desirable open floor plan, solid surface countertops, and a large island. All kitchen appliances are included. While currently configured as a four-bedroom home with a separate home office, the Highway Commercial zoning allows for flexible commercial use. This property offers a blend of residential comfort and commercial potential in a highly desirable Southport location. The property is conveniently located off River Road SE in Brunswick County, NC, zip code 28461.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1979
    Total area 1,882 SF
    Lot 0.28 ac (12,197 SF)
    APN 221LA01105
    UPID US53-0291590
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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