1321 Bragg Blvd Spring Lake, NC 28390-2008
C-3-Heavy Commercial District. This conventional zoning district is designed primarily for a wide variety of retail and wholesale bu siness, commercial and contract services, commercial recreation and amusement, public assembly and office uses. Since this district has such a wide selection of uses, it will not be expanded without consideration as to its effe…
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
C3 · Spring Lake, NCC-3-Heavy Commercial District. This conventional zoning district is designed primarily for a wide variety of retail and wholesale bu siness, commercial and contract services, commercial recreation and amusement, public assembly and office uses. Since this district has such a wide selection of uses, it will not be expanded without consideration as to its effect on surrounding lands and is limited to those areas of mixed commercial activi ty which lie adjacent [to] or at the intersection of major arterials and those areas which exhibit a highly mixed composition of commercial land uses. C(P) - The intent of this conventional zoning district is to assure the grouping of buildings on a parcel of land so as to const itute a harmonious, efficient and convenient retail shopping area. To promote the essential design features within this district, plan approval is required. An y site plan shall assure traffic safety and the harmonious and beneficial relations between the commercial area and contiguous land. HS(P) - This conventional zoning district is designed for commercial establishments serving transients using only the major high way systems traversing the county. The range of retail and service uses in this district are restricted to those essential to the traveler and therefore , by nature, are inhibiting the generation and potential congestion of local traffic. The district is customarily located near the intersection of limited access facili ties and major arterial streets. Plan approval is a requirement for developments proposed for the district. Spring Lake Area | Visioning the Future 156 4.2 Zoning Descriptions Continued Town of Spring Lake
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.