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    137 New St Spring Lake, NC 28390

    For Sale
    $75,000

    COMMERCIAL - Spring Lake, NC

    Lot size:
    0.53 Acres
    Days on Market:
    305
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for 137 New St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    0502-50-8694.000
    Lot size
    0.53 Acres

    Johnson Real Estate Group (910) 223-2626 [email protected]

    Listing agent WARREN CLEARY (910) 864-2626 License #339618

    Listing date Feb 12, 2025

    MLS# 716820 Listing URL

    Copyright © 2025 Longleaf Pine Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land in Spring Lake

    This 0.53-acre commercial land is located in Spring Lake, North Carolina. The property is zoned R6 and has the potential to be rezoned for commercial use. It is situated off the signalized intersection of North Bragg Boulevard and New Street.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spring Lake
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.980287
    Latitude
    35.180574

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with potential for rezoning in Spring Lake, NC.
    Where is this commercial land located?
    The property is located at 137 New St Spring Lake, NC.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - Zoned R6 with potential to rezone commercial; - Located off signalized intersection of N Bragg Blvd and New Street
    (910) 864-2626
    Request Owner's contact information
    137 New St Spring Lake, NC 28390
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    137 New St Spring Lake, NC 28390
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