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    501 Waterworks Dr Unit, Unit SINGLE Southern Pines, NC 28387

    For Lease
    $2,200 /Mo ($57 SF/Yr)

    COMMERCIAL - Southern Pines, NC

    Property size:
    456 SF
    Lot size:
    28.80 Acres
    Days on Market:
    239
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 501 Waterworks Dr Unit

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Lease
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    PD
    APN
    00039185
    Parking features
    Driveway, Off Street
    Size
    456 SF
    Lot size
    28.80 Acres

    Taxes and HOA fees

    Expense value
    2200
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Building Details

    Year built
    1935

    Carolina Summit Group, LLC (910) 684-5353

    Listing agent Holly Spofford Bell (910) 690-1065 License #252152

    Listing date Apr 11, 2025

    Copyright © 2025 Hive MLS / Topsail Island Association of 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

    Renovated Southern Pines Wellness Space

    This +/- 456 square foot room is available for sublease within Gym Better, suitable for a wellness practice or yoga studio. It is located in the recently renovated Waterworks building, off Central Drive and across from Reservoir Park in Southern Pines, North Carolina. The second-floor room features brick walls and a full glass wall overlooking the gym, providing natural light. The right tenant may have negotiable access to the stretch room, gym, and other facilities. Onsite parking is available. Utilities are included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Southern Pines
    County
    Moore
    State
    North Carolina
    Longitude
    -79.394639
    Latitude
    35.21719

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    FAQs

    What type of property is this?
    Retail space - Sublease opportunity in renovated Waterworks building, Southern Pines.
    Where is this retail space located?
    The property is located at 501 Waterworks Dr Unit, Unit SINGLE Southern Pines, NC.
    What is the lease rate?
    The lease rate is $57 SF/Yr.
    What are key features of this property?
    This property features: - Ideal for wellness practice or yoga studio, offering a ready-to-go space within an established gym.; - Prime location in the renovated Waterworks building, near Central Drive and Reservoir Park in Southern Pines.; - Unique features include brick walls and a full glass wall providing natural light.
    (910) 690-1065
    Request Owner's contact information
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    Southern Pines, NC 28387
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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
    501 Waterworks Dr Unit, Unit SINGLE Southern Pines, NC 28387
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