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Financial
Distress signals
Property profile

1022 Lillington Hwy 1030 Spring Lake, NC 28390

FOR LEASE
Strip malls
Property ID
US53-0722553
4.06 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

An office suite within Cedarwood Shopping Center configured with large open work areas and a total of four restrooms. The interior layout includes space for two conference rooms, a kitchen, a server room, and a mechanical room, along with nine or more private offices. Additional built-in features include ample storage, a generator, and 12-foot ceilings. The suite is located on Lillington Highway (NC 210) just north of the NC 87 split at a signalized intersection, with road-front signage and a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$437k
Assessed land$302k
Assessed improvement$135k
Effective rate2.33%

Value estimate

· Oct 2026
$335k
$302k – $369k
AI approach$335k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$132/SF
County average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$95 – $192

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CP
JurisdictionCUMBERLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.0
Electrical Service10.2
Building Supply10.0

Location

1022 Lillington Hwy, Unit 1030 Spring Lake, NC 28390
County assessor Recorded deeds · not on file 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 · 13 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2281 Ray, Spring Lake, NC 28390-7646 $1,302,500 Mar 2024 8,000 SF
316 Nc 210th A N Ste, Spring Lake, NC 28390-3400 $1,400,000 Nov 2021 10,432 SF
624 Lillington, Spring Lake, NC 28390-2266 $1,590,000 Nov 2019 6,500 SF
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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