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    Property profile & analytics

    103 Brk Ln Spring Lake, NC 28390-3311

    • Hotels
    • 13,732 SF
    • 2.36 lot acres
    OFF-MARKET
    Value Estimation
    $3,490,000
    Last Sale
    Mar 13, 2024
    $3,500,000
    Location Intelligence
    Property ID
    US53-3995218
    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

    • Holiday Inn Express & Suites Fayetteville Nw-Spring Lake / Hotel
    • Spring Lake Inn & Suites - Fayetteville / Hotel / Extended Stay Hotel

    Property Details for 103 Brk Ln

    Year built
    1995
    Lot size
    2.36 lot acres
    Property size
    13,732 SF
    Zone code
    CP
    Property type
    Hotels
    APN
    0501-59-2965
    APU
    501592965

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,500,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,545,000
      6.5%
      $3,395,000
      7%
      $3,325,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,310,000
      Geo Method
      $3,210,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,210,000
      Retail
      $3,365,000
      Mixed-Use
      $3,405,000
      Hospitality
      $3,940,000
      Educational
      $3,595,000
      Residential Income
      $3,765,000
      Energy
      $3,870,000
      Income-Based Land
      $4,040,000
      Food Service
      $3,460,000

    Location Insight

    • Map
    • Local Demand
    City
    Spring Lake
    County
    Cumberland
    State
    North Carolina
    Longitude
    -78.9824
    Latitude
    35.1787
    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
    2023
    $54,099
    $419,626
    $3,283,927
    $3,703,553
    -
    $419,626
    $3,283,927
    $3,703,553

    Comparable in this City

    • Value Estimation by Request
      7,668 SF

      102 Sleepy Dr

      HOTEL • 7,668 SF
      102 Sleepy Dr, Spring Lake, NC 28390-3313
      View Details
    • Value Estimation by Request
      17,057 SF

      120 5th St

      HOTEL • 17,057 SF
      120 5th St, Spring Lake, NC 28390-2845
      View Details
    • Value Estimation by Request
      12,487 SF

      1050 Bragg Blvd

      HOTEL • 12,487 SF
      1050 Bragg Blvd, Spring Lake, NC 28390-3316
      View Details
    • Value Estimation by Request
      27,692 SF

      115 Lk Ave

      HOTEL • 27,692 SF
      115 Lk Ave, Spring Lake, NC 28390-3936
      View Details
    • Value Estimation by Request
      7,443 SF

      256 Main St

      HOTEL • 7,443 SF
      256 Main St, Spring Lake, NC 28390-3903
      View Details
    • Value Estimation by Request
      0.08 Acres

      113 2nd St

      COMMERCIAL (GENERAL) • 0.08 Acres
      113 2nd St, Spring Lake, NC 28390
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.05 Acres

      Prime Spring Lake Corner Lot

      1.05-Acre Commercial Land, High Traffic
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    • $75,000
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      Spring Lake Land: Prime Development Site

      0.53-acre lot, R6 zoning, high traffic area.
      137 New St, Spring Lake, NC 28390
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    • $210,000
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      Land in Quiet Country Setting

      Unrestricted land with utilities, convenient to Fayetteville and Lillington.
      7054 Silk Floss Rd, Spring Lake, NC 28390
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    • $435,000

      Renovated Triplex with Expansion Potential

      Renovated triplex in Spring Lake, NC with income potential.
      310 Old Hertford Ln, Spring Lake, NC 28390
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    • $135,000
      0.95 Acres

      Land on Overhills Road

      Four lots sold as one tract with superb visibility.
      Overhills Rd, Spring Lake, NC 28390
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    • $75,000
      0.53 Acres

      Commercial Land in Spring Lake

      Commercial land with potential for rezoning in Spring Lake, NC.
      137 New St, Spring Lake, NC 28390
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    Similar Nearby for Lease

    • New
      $2,000 /Mo

      Retail Space in Spring Lake

      Corner retail space in a busy Spring Lake plaza.
      1185 N Bragg Blvd, Spring Lake, NC 28390
      View Details
    • New
      $1,600 /Mo

      Retail Space in Southwind Plaza

      Retail space in a thriving commercial center near Fort Liberty.
      1169 N Bragg Blvd, Spring Lake, NC 28390
      View Details
    • New
      $8,200 /Mo

      Large Retail Space in Plaza

      8200 sqft retail space in busy Spring Lake plaza.
      1137 N Bragg Blvd, Spring Lake, NC 28390
      View Details
    • $8 SF/Yr
      30,781 SF

      Spring Lake Retail Center

      Prime Spring Lake location, 30,781 sq ft.
      1060 Lillington Hwy, Spring Lake, NC 28390
      View Details
    • Contact for pricing

      Land Available Near Fort Liberty

      Multiple outparcels for rent near Fort Liberty.
      Spring Lake, NC 28390
      View Details
    • New
      $1,600 /Mo

      Retail Space in Southwind Plaza

      1200 SF retail space in thriving Spring Lake plaza.
      1177 N Bragg Blvd, Spring Lake, NC 28390
      View Details

    Property Visit Statistics

    • Visits by month
      471
    • Visitors by month
      530
    • Avg Time on site
      34 min
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    103 Brk Ln
    Spring Lake, NC 28390-3311
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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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