1090 Lillington Hwy, Spring Lake, NC 28390
For Sale
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This exceptional 0.41-acre commercial land parcel presents a unique investment opportunity in Spring Lake, North Carolina. Strategically positioned at the signalized entrance to the Cedarwood Shopping Center, this property boasts over 130 feet of frontage on heavily trafficked Lillington Highway (NC 210), experiencing approximately 19,000 vehicles per day (NCDOT, 2017 data). The lot is zoned CP - Planned Commercial District, offering flexibility for a variety of commercial uses. Its prime location offers excellent visibility and accessibility, situated directly in front of the Cedarwood Shopping Center and adjacent to a large multi-family residential complex. The property's proximity to Fort Bragg and Fayetteville further enhances its appeal, providing access to a substantial consumer base. This corner lot presents a rare chance to capitalize on high traffic counts and a strong local economy in a rapidly growing area. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CP · Spring Lake, NCSpring Lake. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.