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Financial
Distress signals
Property profile

1218 Bragg Blvd Spring Lake, NC 28390

OFF-MARKET
Retail space
Property ID
US53-1341778
1,920 SF 0.37 ac lot Built 1969
Last sale Jun 2008
Trust Owned Owner of record is a trust. 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property includes two separate buildings: a retail building with 2,400 square feet of space and a garage/warehouse building with 2,280 square feet. The buildings sit on a 0.43+/- acre lot that is mostly fenced and includes additional storage buildings and carports. The site has approximately 127 feet of frontage on Bragg Boulevard, with an estimated traffic count of 43,500 vehicles per day based on NC DOT 2022 data. The property also contains a billboard structure that has historically been leased.

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?
$2k
Tax billed · 2023
Assessed value$151k
Assessed land$73k
Assessed improvement$78k
Effective rate1.56%

Value estimate

· Oct 2026
$275k
$248k – $303k
AI approach$275k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$119/SF
County average, outlier-cleaned · 109 recorded sales of this use type
Observed band · Q1–Q3$53 – $184

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?
C3
C-3-Heavy Commercial District. This conventional zoning district is designed primarily for a wide variety of retail and wholesale bu sine...
General categoryCOMMERCIAL
JurisdictionCUMBERLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.0
Law Firm14.8
Wholesale Shop14.2

Location

1218 Bragg Blvd Spring Lake, NC 28390-3136
County assessor Recorded deeds · 1 transfer 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1420 Bragg, Spring Lake, NC 28390-2009 $385,000 Feb 2026 2,088 SF
844 Lillington, Spring Lake, NC 28390-2126 $141,667 May 2023 2,400 SF
510 Main, Spring Lake, NC 28390-3719 $55,000 May 2022 1,800 SF
220 Main, Spring Lake, NC 28390-3820 $117,500 Apr 2022 1,550 SF
303 Spg, Spring Lake, NC 28390-2839 $212,000 Sep 2020 2,400 SF
452 Manchester, Spring Lake, NC 28390-2310 $50,000 Jun 2019 1,920 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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