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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Auto shops
9146 Ocean W Hwy 1 Calabash, NC 28467-2124
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US53-1121852
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1998
Total area
2,660 SF
Lot
9.91 ac (431,680 SF)
Zoning code
HC
APN
22500049
UPID
US53-1121852
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$494k
Blend (final)
Blend
$545k
Owner & transaction history
Coastal Inv Ptrs LLC · 20 yrs held
Coastal Inv Ptrs LLC
since 2006
7 recorded transactions
Zoning & alternative use
HC · Calabash, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The HC Highway Commercial District is established primarily for those businesses that serve the traveling public, require large areas for displays of goods, and are not oriented to the pedestrian shopper. Because these districts are generally located adjacent to main thoroughfares where they are subject to public view, they should provide an appropriate appe…
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
71.25 ac
Source
Realmo
Top alternative use upside
Retail stores
$655,000
+41.4%
Office building
$510,000
+10.3%
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 Calabash submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Calabash 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$460,000
Current use
RETAIL STORES
$655,000
Change: +41% · Conversion: Difficult
OFFICE BUILDING
$510,000
Change: +10% · Conversion: Difficult
WAREHOUSE, STORAGE
$430,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$545k
Range $491k – $600k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$205 / SF
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
$1,294,370
Assessed 2023
Previous assessed
$888,590
+45.7% YoY
Assessed land
$618,380
Assessed improvement
$675,990
Land market value
$618,380
Improvement market value
$675,990
Total market value
$1,294,370
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1998
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
2,660 SF
Lot
9.91 ac (431,680 SF)
Zoning code
HC
APN
22500049
UPID
US53-1121852
Jurisdiction
BRUNSWICK
Zoning & alternative use
HC · Calabash, NCZoning HC · permitted uses
HC · Calabash, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The HC Highway Commercial District is established primarily for those businesses that serve the traveling public, require large areas for displays of goods, and are not oriented to the pedestrian shopper. Because these districts are generally located adjacent to main thoroughfares where they are subject to public view, they should provide an appropriate appearance, ample parking, and suitable landscaping
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
71.25 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$460,000
RETAIL STORES
Est. value
$655,000
OFFICE BUILDING
Est. value
$510,000
WAREHOUSE, STORAGE
Est. value
$430,000
AUTO REPAIR, GARAGE Current
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
1
Lot
9.91 ac
Current owner
From public records · entity-resolved
Coastal Inv Ptrs LLC
Entity
Mailing address
PO BOX 70, WHITEVILLE, NC 28472-0070
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2022
—
Coastal Investments Partners LLC
—
Deed
related
$2,500,000 · Anderson Brothers Bank
Oct 23, 2020
—
Coastal Invs Ptrs LLC
—
Deed
related
$5,000,000 · Westlake Capital Finance
Mar 19, 2019
—
Coastal Investment Partners LLC
—
Deed
related
$450,000 · United Community Bank
Jun 23, 2016
—
Coastal Investment Partners LLC
—
Deed
related
$971,000 · Horry County State Bank
Aug 17, 2006
—
Coastal Investment Ptrs LLC
—
Deed Of Trust
related
$1,250,000 · Waccamaw Bank
Feb 1, 2006
—
Coastal Inv Ptrs LLC
Owner Name Unavailable
Warranty Deed
related
—
—
—
Coastal Invs Ptrs LLC
—
Deed Of Trust
related
$5,000,000 · Westlake Capital Finance
—
—
Coastal Investment Ptrs LLC
—
Deed Of Trust
related
$850,000 · Waccamaw Bank
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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