Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Retail space
1530 Bragg Blvd Spring Lake, NC 28390-2011
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-5725174
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1995
Total area
3,400 SF
Lot
3.04 ac (132,422 SF)
Zoning code
CP-PLANNED COMMERCIAL
APN
0502-44-6435
UPID
US53-5725174
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
Current use
Occupant on record · Public records
-
THE COLLECTIVE SPRING LAKE Business To Business Service
-
Cactus Creek Gourmet Coffee Cafe & Coffee Shop
-
David Varney Spa & Massage Center Alternative Medicine Practice
-
The Esti Method Cosmetic Store
-
Mahogany Lotus Massage and Bodywork Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$955k
CAP Approach
CAP
$510k
Comparable Approach
Comparable
$625k
Blend (final)
Blend
$720k
Owner & transaction history
True Touch Holdings LLC · 3 yrs held
True Touch Holdings LLC
since 2023
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
CP-PLANNED COMMERCIAL · Spring Lake, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$575,000
+42.8%
Office building
$535,000
+31.8%
Auto repair, garage
$515,000
+27.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Spring Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Lake submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$960,000
ML approach
$955,000
CAP Approach
CAP Return
Estimation
6%
$555,000
6.5%
$510,000
7%
$475,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$575,000
Change: +43% · Conversion: Difficult
OFFICE BUILDING
$535,000
Change: +32% · Conversion: Easy
AUTO REPAIR, GARAGE
$515,000
Change: +28% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$450,000
Change: +11% · Conversion: Moderate
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $750k (Apr 12 2023)
Last sale anchor
$750k
Apr 12 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$212 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,093
Tax year 2023
Assessed value
$610,259
Assessed 2023
Previous assessed
$610,259
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$232,834
Assessed improvement
$377,425
Land market value
$232,834
Improvement market value
$377,425
Total market value
$610,259
Applied tax rate
3,000.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1995
Heating
NONE
Stories
1
Bathrooms
3
Total area
3,400 SF
Lot
3.04 ac (132,422 SF)
Zoning code
CP-PLANNED COMMERCIAL
APN
0502-44-6435
UPID
US53-5725174
Jurisdiction
CUMBERLAND
Zoning & alternative use
CP-PLANNED COMMERCIAL · Spring Lake, NC
Zoning CP-PLANNED COMMERCIAL · permitted uses
CP-PLANNED COMMERCIAL · Spring Lake, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spring Lake. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$575,000
OFFICE BUILDING
Est. value
$535,000
AUTO REPAIR, GARAGE
Est. value
$515,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$450,000
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Stories
1
Bathrooms
3
Lot
3.04 ac
Current owner
From public records · entity-resolved
True Touch Holdings LLC
Entity
Mailing address
1530 N BRAGG BLVD, SPRING LAKE, NC 28390-2011
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2023
$750,000
True Touch Holdings LLC
Rogue Plantation LLC
Warranty Deed
$712,500 · First Citizens Bank & Trust Co
Feb 10, 2014
$720,000
Rogue Plantation LLC
Lscg Fund 14-red Barn LLC
Warranty Deed
$570,000 · Lscg Fund 14-red Barn LLC
Aug 1, 2013
$750,000
Lscg Fund 14-red Barn LLC
Mccoy Wiggins Cleveland
Trustees Deed
related
—
Dec 14, 2006
$1,170,000
Red Barn Farms LLC
Parrish,darwin C & Sonja G
Warranty Deed
$791,333 · Branch Banking & Trust Co
—
—
Rogue Plantation LLC
—
Deed Of Trust
related
$610,000 · Branch Bk&tr
—
—
Red Barn Farms LLC
—
Deed Of Trust
related
$72,000 · Lance Heath
—
—
Red Barn Farms LLC
—
Deed Of Trust
related
$100,000 · Yarborough Winters & Neville P
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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?”
You own 1530 Bragg Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
