Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Commercial land

    1090 Lillington Hwy, Spring Lake, NC 28390

    0.41 ac lot
    Individually Owned 18-yr Hold Free & Clear
    Property ID
    US53-1161227
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.41 ac (17,860 SF)
    Zoning code CP
    APN 0512-01-6105
    UPID US53-1161227
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Dana L Lehr · 18 yrs held
    Dana L Lehr
    since 2008
    1 recorded transaction
    2008
    $75,000
    Zoning & alternative use
    CP · Spring Lake, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message