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    407 Martin Luther King Jr Dr Lumberton, NC 28358

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    For Sale
    Contact for pricing

    Freestanding 9,180 SF building on 0.94 acres for sale.

    Property size:
    9,180 SF
    Lot size:
    0.94 Acres

    Property Features for 407 Martin Luther King Jr Dr

    General Information

    Size
    9,180 SF
    Lot size
    0.94 Acres

    Source: CBRE | Raleigh Agent Jon Stanley

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

    Overview

    Freestanding Building on 0.94 Acres

    This is a freestanding building constructed in 2014, situated on 0.94 acres of land. It contains 9,180 square feet of retail space. The property is located less than 2 miles from Interstate 95, positioned midway between New York and Florida, and less than 1 mile from downtown Lumberton. Lumberton is home to the Lumber River State Park, which attracts visitors for water activities.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Lumberton
    County
    Robeson
    State
    North Carolina
    Longitude
    -79.3546845
    Latitude
    34.7373996

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    FAQs

    What type of property is this?
    Retail space - Freestanding 9,180 SF building on 0.94 acres for sale.
    Where is this retail space located?
    The property is located at 407 Martin Luther King Jr Dr Lumberton, NC.
    What are key features of this property?
    This property features: - Freestanding building built in 2014; - Located on 0.94 acres of land; - Less than 2 miles from Interstate 95
    (919) 424-8149
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    407 Martin Luther King Jr Dr Lumberton, NC 28358
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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
    407 Martin Luther King Jr Dr Lumberton, NC 28358
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