Wide-Open Retail
1530 N Bragg Blvd, Spring Lake, NC 28390
For Sale
$999,000
Flexible commercial space with an open interior layout, road frontage, and on-site parking.
Property Size8,200 SF
Price / SF$121.83
Days on Market408
Property Features for 1530 N Bragg Blvd
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
EXIT REALTY PREFERRED
Listed By:
ANTHONY RAY SHERRILL · License #353597
(804) 929-4071
Source:
Fayettevillehomesource
Added: Sep 26, 2025
Changed: Nov 1
Last Checked: Nov 6 at 9:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXIT REALTY PREFERRED
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 8,200-square-foot retail property was built in 2014 and offers a broad, open interior suitable for reconfiguration. The building includes road frontage and on-site parking, supporting customer-facing commercial operations.
Located at 1530 N Bragg Blvd in Spring Lake, the property is near Fort Bragg and established businesses. The real estate is offered for sale separately from the existing gym business, allowing the purchaser to acquire the building without that operating business.
Located at 1530 N Bragg Blvd in Spring Lake, the property is near Fort Bragg and established businesses. The real estate is offered for sale separately from the existing gym business, allowing the purchaser to acquire the building without that operating business.
Key Highlights
- 8,200‑square‑foot retail property built in 2014
- Open interior layout with flexible reconfiguration potential
- Road frontage along N Bragg Blvd
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
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 - Flexible commercial space with an open interior layout, road frontage, and on-site parking.
Where is this retail space located?
The property is located at 1530 N Bragg Blvd 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 property built in 2014; Open interior layout with flexible reconfiguration potential; Road frontage along N Bragg Blvd
