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    Property profile & analytics

    1139 Bragg Blvd Spring Lake, NC 28390

    • Commercial real estate
    • 51,660 SF
    • 14.30 lot acres
    For Lease
    View listing
    Value Estimation
    $10,035,000
    Last Sale
    Mar 17, 2023
    $8,300,000
    Location Intelligence
    Property ID
    US53-1753332
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cool Kidz Frozen Treats / Ice Cream Shop

    Property Details for 1139 Bragg Blvd

    Year built
    1989
    Lot size
    14.30 lot acres
    Property size
    51,660 SF
    Zone code
    CP
    Property type
    Commercial real estate
    APN
    0502-40-8909
    APU
    502408909

    Description

    Southwind Plaza, a Fayetteville, Cumberland County retail center, offers exceptional leasing opportunities. This 51,660 square foot property, situated on a 14.3-acre lot and built in 1989, is zoned CP. The center boasts a strong tenant mix including Compare Foods, HR Block, Brooklyn Pizza, and Rimtyme, ensuring high foot traffic and visibility. Available spaces range from a minimum of 230 square feet to a maximum contiguous space of 8,200 square feet, with a total of 14,020 square feet currently vacant. Units feature central air and heating. Recent improvements include a fresh coat of paint on the building, a restriped parking lot, and new canopies, enhancing the overall appeal and functionality of the property. The center's location in the Fayetteville submarket positions businesses for success within a vibrant commercial environment. This is an ideal location for businesses seeking a well-maintained and strategically located space in a thriving retail center. The property is ready for immediate occupancy.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $10,625,000

    • CAP approach

      CAP return
      Estimation
      6%
      $8,785,000
      6.5%
      $8,960,000
      7%
      $7,745,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $9,175,000
      Geo Method
      $8,640,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $7,725,000
      Retail
      $6,675,000
      Mixed-Use
      $6,410,000
      Hospitality
      $6,675,000
      Educational
      $8,605,000
      Residential Income
      $8,465,000
      Energy
      $6,745,000
      Income-Based Land
      $8,090,000
      Food Service
      $6,815,000

    Location Insight

    • Map
    • Local Demand
    City
    Spring Lake
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.9841
    Latitude
    35.1816
    CBSA code
    22180
    CBSA name
    FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $142,476
    $1,050,119
    $5,758,434
    $6,808,553
    -
    $1,050,119
    $5,758,434
    $6,808,553

    Comparable in this City

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    Similar Nearby for Sale

    • Contact for pricing
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    Similar Nearby for Lease

    • $2,000 /Mo

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      Multiple outparcels for rent near Fort Liberty.
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      Retail Space in Southwind Plaza

      1200 SF retail space in thriving Spring Lake plaza.
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    • $1,800 /Mo

      Retail Space in Spring Lake

      Retail space in a thriving commercial center near Fort Liberty.
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      Large Retail Space in Plaza

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    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
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