Financial
Distress signals
Property profile

510 NW Broad St Southern Pines, NC 28387

FOR LEASE
Other investment properties
Property ID
US53-5198736
0.34 ac lot Built 2000
Last sale Sep 2023 · $580,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years.
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Property summary

AI-generated overview

The property is an office use site covering approximately 0.34 acres and featuring a 1,950-square-foot, 1.5-story building constructed in 1945. The interior layout includes multiple offices along with a waiting area and a kitchenette, supporting a multi-room office configuration. Building systems and improvements include a roof replacement completed in January 2020, a Goodman 5-ton air conditioning system installed in August 2022, a heat exchanger added in November 2022, and a 38-gallon water…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$483k
Assessed land$250k
Assessed improvement$233k
Effective rate0.64%

Value estimate

· Sep 2026
$615k
$554k – $677k
AI approach$680k
NOI build-up
Gross scheduled income$6k
Vacancy & credit loss−$4k
Operating expenses−$542
NOI · 232.71% cap applied$2k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
232.71%
$2k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OS
M-1 - Residential Multi-Family Medium Density (7) RM-2 - Residential Multi-Family Low Density (B) Non-Residential or Mixed Use (1) CB - C...
General categoryRESIDENTIAL
JurisdictionMOORE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop11.3
Parking Facility11.2
Electrical Service10.5

Location

510 NW Broad St Southern Pines, NC 28387
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
176 Broad, Southern Pines, NC 28387-4801 $1,600,000 Jun 2025 No data
295 Bell, Southern Pines, NC 28387-5903 $245,000 Mar 2025 No data
250 Shaw, Southern Pines, NC 28387-6337 $199,000 Sep 2020 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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