Property profile

115 Lk Ave Spring Lake, NC 28390

OFF-MARKET
Hotels
Property ID
US53-1520638
27,692 SF 2.4 ac lot Built 1984
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1984
Total area 27,692 SF
Lot 2.4 ac (104,544 SF)
Zoning code CB-CENTRAL BUSINESS
APN 0501-75-9242
UPID US53-1520638

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Hotel & Motel
  • Hotel & Motel
  • Hotel & Motel
  • Car Dealership

Location

115 Lk Ave Spring Lake, NC 28390-3936
Spring Lake metro Census 3501 FAYETTEVILLE, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.67M
Comparable Approach Comparable
$1.74M
Blend (final) Blend
$2.61M

Owner & transaction history

since 2021
3 recorded transactions
2024
Price N/A
2021
Price N/A
2021
$4.0M

Zoning & alternative use

CB-CENTRAL BUSINESS · Spring Lake, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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