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    640 Shell Dr Spring Lake, NC 28390

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    For Sale
    $3,620,000

    21,600 SF warehouse in Spring Lake, North Carolina.

    Property size:
    21,600 SF
    Lot size:
    3.25 Acres

    Property Features for 640 Shell Dr

    General Information

    Size
    21,600 SF
    Lot size
    3.25 Acres

    Source: Marcus & Millichap | Raleigh Agent Donald Gilchrist

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Shell Drive Warehouse Opportunity

    This property offers a 21,600-square-foot warehouse space located on Shell Drive in Spring Lake, North Carolina. It is suitable for warehouse and industrial use.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop Accounting Firm

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

    Similar Places Nearby

    Life Storage - Spring Lake, Carolina Storage at Spring Lake

    Location Insight

    • Map
    • Local Demand
    City
    Spring Lake
    County
    Cumberland
    State
    North Carolina
    Longitude
    -77.6582173
    Latitude
    36.4751717

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    FAQs

    What type of property is this?
    Warehouse - 21,600 SF warehouse in Spring Lake, North Carolina.
    Where is this warehouse located?
    The property is located at 640 Shell Dr Spring Lake, NC.
    What is the asking price?
    The asking price for this property is $3,620,000.
    What are key features of this property?
    This property features: - 21,600 SF warehouse; - Located in Spring Lake, North Carolina
    (919) 674-1100
    Request Owner's contact information
    640 Shell Dr 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
    640 Shell Dr Spring Lake, NC 28390
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