650 Broad St Southern Pines, NC 28387
- Retail space
- 0.21 lot acres
Current Use by Public Records
- Studio Amethyst, LLC / Hair Salon
- Revive Spa & Lash Lounge / Beauty Product Supplier / Massage Therapist
- Revive Spa & Lash Lounge LLC - Southern Pines Salon / Spa
- Greater Vision Counseling & Consulting Agency PLLC / Mental Health Service
- Age-Undefined Aesthetics / Health Spa
Property Details for 650 Broad St
- Year built
- 1991
- Lot size
- 0.21 lot acres
- Zone code
- CB
- Property type
- Retail space
- APN
- 99000382
- APU
- 99000382
Description
This exceptional Southern Pines property at 650 SW Broad St, offers a unique blend of office and retail space, totaling 4,762 square feet in a single-story, 1945-built building. Currently, 4,377 square feet is available for lease, perfect for a variety of businesses. The zoning is CB. The property features multiple tenancy options, catering to diverse needs. Executive suites are available, each boasting large windows, high ceilings, tiled floors, and coded locks, offering flexible month-to-month lease terms. A larger office suite provides a private entrance, restroom, eight private offices, a storage room, and a shared common area. Additionally, a retail suite is available with a street-facing entrance on SW Broad St. This suite includes two large private offices, a spacious kitchen/break room, two rooms that can be used as either private restrooms or storage rooms, a waiting area, and ample space for cubicles. This versatile property, with its diverse layout and flexible lease options, presents a compelling opportunity for businesses seeking a prominent location in Southern Pines, NC (zip code 28387). The property's APN is 8581-09-06-6917. Individual spaces range from 150 to 4,377 square feet.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $585,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $605,000
- 6.5%
- $655,000
- 7%
- $660,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $760,000
- Geo Method
- $735,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $645,000
- Retail
- $720,000
- Mixed-Use
- $660,000
- Hospitality
- $630,000
- Educational
- $585,000
- Residential Income
- $725,000
- Energy
- $790,000
- Income-Based Land
- $675,000
- Food Service
- $775,000
Location Insight
- Map
- Local Demand
- City
- Southern Pines
- County
- Moore
- State
- North Carolina
- Longitude
- -79.3995
- Latitude
- 35.1698
- CBSA code
- 38240
- CBSA name
- PINEHURST-SOUTHERN PINES, NC MICROPOLITAN STATISTICAL AREA