8769 River Rd, Southport, NC 28461
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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