8901 Ocean Highway

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8901 Ocean Highway

Calabash, NC 28467
Asking Price
Contact for price
Asset Type
Land
Class
Class B

What's Special

8901 Ocean Highway is situated along a high-visibility corridor in Calabash, North Carolina, near the South Carolina border. The surrounding neighborhood features a mix of established retail centers, golf courses, and residential communities. This location provides direct access to U.S. Route 17, a primary coastal thoroughfare connecting the Myrtle Beach metropolitan area to Wilmington. Local amenities include several seafood dining destinations, professional services, and proximity to regional shopping hubs. The site is well-suited for commercial development targeting regional commuters and seasonal visitors. Ideal use cases include retail storefronts, quick-service restaurants, or professional office suites. Typical tenants for this land asset would likely include national franchises, medical practices, or service-based businesses seeking high daily traffic counts and convenient highway ingress for a diverse consumer base.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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