Open-Plan Retail
1530 N Bragg Boulevard, Spring Lake, NC 28390
For Sale
$999,000
CommercialSale, Spring Lake, NC
Property Size8,200 SF
Lot Size3.04 Acres
Price / SF$121.83
Days on Market342
Property Features for 1530 N Bragg Boulevard
General Information
Property type
Property subtype
Zoning description
Parking features
Security features
Subdivision
Lot features
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Building materials
Listing Agency:
EXIT REALTY PREFERRED
(910) 904-7355
Listed By:
ANTHONY RAY SHERRILL · License NC #353597
(804) 929-4071
Added: Dec 4, 2025
Changed: Oct 25
Last Checked: Nov 10 at 12:06PM
MLS# 753984
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
This 8,200-square-foot retail building occupies 3.04 acres at 1530 N Bragg Boulevard in Spring Lake. Built in 2014, the property has a broad, open interior configuration with masonry and steel construction. Electric forced-air heating supports the building, while public water and public sewer serve the site. A parking lot is included with the property.
The sale includes the real estate only; the existing gym business does not convey. The property is positioned along N Bragg Boulevard in Cumberland County and offers a retail-oriented building with adaptable interior space for a range of commercial configurations. Its combination of substantial land area, open floor space, parking, and established utility service provides a straightforward physical platform for a new occupant or owner-user.
The sale includes the real estate only; the existing gym business does not convey. The property is positioned along N Bragg Boulevard in Cumberland County and offers a retail-oriented building with adaptable interior space for a range of commercial configurations. Its combination of substantial land area, open floor space, parking, and established utility service provides a straightforward physical platform for a new occupant or owner-user.
Key Highlights
- 8,200‑square‑foot retail building on 3.04 acres
- Built in 2014 with masonry and steel construction
- Broad open interior layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,011
Cap Rate
8.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,600,220
$1.6M
Cap Rate 7%
$1,143,014
$1.1M
Cap Rate 9%
$889,011
$889.0K
Market Conditions
NOI Build-Up for 8,200 SF
Gross rent
$118.1K $14.40/SF
− Vacancy
−$3.8K −$0.46/SF
EGI
$114.3K $13.94/SF
− OpEx
−$34.3K −$4.18/SF
NOI
$80.0K $9.76/SF
Area
Cumberland County, NC
Vacancy
3.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,600,220
Cap Rate 7%
$1,143,014
Cap Rate 9%
$889,011
Alternative Uses
Best Use
Retail
$1.14M
$1.00M – $1.33M
NOI $80,011 @ 7.0% cap · market cap 8.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.96M
$1.71M – $2.29M
NOI $137,162 @ 7.0% cap · market cap 13.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
116
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 96%
Shops & Services 4%
IHOP
Dining
11,374 visits/mo
0.2 miles
Circle K
Shops & Services
454 visits/mo
0.4 miles
Demographics for 28390, NC
23,799
Population
10,204
Households
2.3
Avg Household Size
31
Median Age
28%
College-Educated
93%
High-School Grad
60.2 sq mi
ZIP Area
395
Density / Sq Mi
$58,750
Median Household Income
$36,678
Median Earnings
$1,151
Median Rent
$195,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Cumberland County, NC
Properties on Market for Retail space in Cumberland County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Retail property with flexible interior space, parking, and public utilities along N Bragg Boulevard.
Where is this retail space located?
The property is located at 1530 N Bragg Boulevard Spring Lake, NC.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 8,200‑square‑foot retail building on 3.04 acres; Built in 2014 with masonry and steel construction; Broad open interior layout
