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    1013 Bragg Blvd Spring Lake, NC 28390

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    For Sale
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    1.05-Acre Commercial Land, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.05-acre commercial lot presents a remarkable investment opportunity in Spring Lake, North Carolina. Situated on the highly visible corner of N Bragg Boulevard and Sleepy Drive, this property boasts over 200 feet of road frontage on a major thoroughfare experiencing over 40,000 vehicles per day. The lot, designated as Lot 1A, measures 219.33 feet by 230.95 feet and is zoned CP, making it ideally suited for a variety of commercial uses. Its prime location and high visibility make it particularly well-suited for a breakfast restaurant or similar retail establishment. The property's excellent accessibility and high traffic volume ensure significant exposure to potential customers. Located in Cumberland County, with the address 1013 N Bragg Blvd, Spring Lake, NC 28390, this corner lot offers unparalleled potential for growth and return on investment. The strategic location and zoning regulations provide a solid foundation for a successful commercial venture. This is a rare opportunity to acquire a highly desirable commercial property in a thriving area.

    Property Features for 1013 Bragg Blvd

    General Information

    Property type
    Land
    Lot Size
    45,738 SF

    HighLights

    • High‑traffic corner lot.
    • Prime location on busy N Bragg Blvd.
    • Over 40,000 vehicles per day (VPD).
    • Ideal for a breakfast restaurant.
    • Excellent street visibility and frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Spring Lake
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.9811075
    Latitude
    35.1775365

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    FAQs

    What type of property is this?
    Land - 1.05-Acre Commercial Land, High Traffic
    Where is this land located?
    The property is located at 1013 Bragg Blvd Spring Lake, NC.
    What are key features of this property?
    This property features: High-traffic corner lot.; Prime location on busy N Bragg Blvd.; Over 40,000 vehicles per day (VPD).
    (919) 920-2140
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    1013 Bragg Blvd 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
    1013 Bragg Blvd Spring Lake, NC 28390
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