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    Property profile & analytics

    173 Broad St Southern Pines, NC 28387-5525

    • Retail space
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US53-5198519
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • First Choice Insurance Agency / Insurance Agency
    • Christian Science Reading Room / Church
    • BARE by ELVEE His and Hers Waxing Studio / Waxing Hair Removal Service
    • Patriot Real Estate, LLC / Real Estate Agency
    • Darrell Howard Insurance / Insurance Agency

    Property Details for 173 Broad St

    Year built
    1993
    Lot size
    0.05 lot acres
    Zone code
    CB
    Property type
    Retail space
    APN
    34819
    APU
    34819

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $285,000
      6.5%
      $265,000
      7%
      $285,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $260,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $315,000
      Retail
      $285,000
      Mixed-Use
      $330,000
      Hospitality
      $340,000
      Educational
      $345,000
      Residential Income
      $260,000
      Energy
      $345,000
      Income-Based Land
      $260,000
      Food Service
      $280,000

    Location Insight

    • Map
    • Local Demand
    City
    Southern Pines
    County
    Moore
    State
    North Carolina
    Longitude
    -79.3907
    Latitude
    35.1741
    CBSA code
    38240
    CBSA name
    PINEHURST-SOUTHERN PINES, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,258
    $260,280
    $250,840
    $511,120
    -
    $260,280
    $250,840
    $511,120

    Comparable in this City

    • Value Estimation by Request
      0.09 Acres

      120 Indiana Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.09 Acres
      120 Indiana Ave, Southern Pines, NC 28387
      View Details
    • Value Estimation by Request

      1752 Old Morganton Rd

      Individual retail properties
      1752 Old Morganton Rd, Southern Pines, NC 28387
      View Details
    • Value Estimation by Request
      0.61 Acres

      120 Pennsylvania Ave, Unit A

      RETAIL STORES (PERSONAL SERVICES) • 0.61 Acres
      120 Pennsylvania Ave, Southern Pines, NC 28387-5429
      View Details
    • Value Estimation by Request
      0.27 Acres

      695 Bennett St

      RETAIL STORES (PERSONAL SERVICES) • 0.27 Acres
      695 Bennett St, Southern Pines, NC 28387-5919
      View Details
    • Value Estimation by Request
      0.15 Acres

      891 Pennsylvania Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.15 Acres
      891 Pennsylvania Ave, Southern Pines, NC 28387-4639
      View Details
    • Value Estimation by Request
      0.69 Acres

      280 Turner St

      RETAIL STORES (PERSONAL SERVICES) • 0.69 Acres
      280 Turner St, Southern Pines, NC 28387
      View Details

    Similar Nearby for Sale

    • $2,500,000
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      Southern Pines Shopping Center

      Prime retail center, high occupancy.
      206 Commerce Ave, Southern Pines, NC 28387
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      Residential Land for Dream Home

      4.02-acre lot ideal for building a dream home.
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      Southern Pines Land For Sale

      6.2 acre land suitable for custom home or multi-family investment.
      Mcneill Rd, Southern Pines, NC 28387
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    • $398,000
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      Southern Pines Land Opportunity

      6.2 acres near downtown Southern Pines and Fort Liberty.
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      Equestrian Land in Southern Pines

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    Similar Nearby for Lease

    • $2,400 /Mo
      1,315 SF

      Downtown Southern Pines Retail Sublease

      Retail sublease in downtown Southern Pines with architectural details.
      162 NW Broad St, Southern Pines, NC 28387
      View Details
    • $2,400 /Mo
      1,315 SF

      Downtown Southern Pines Retail Sublease

      Retail sublease in downtown Southern Pines with architectural details.
      162 NW Broad St, Southern Pines, NC 28387
      View Details
    • $2,200 /Mo
      456 SF

      Renovated Southern Pines Wellness Space

      Sublease opportunity in renovated Waterworks building, Southern Pines.
      501 Waterworks Dr Unit, Southern Pines, NC 28387
      View Details
    • Contact for pricing
      70,504 SF

      Retail Building in Morganton Park

      Retail space in master-planned community near shopping and amenities.
      1752 Old Morganton Rd, Southern Pines, NC 28387
      View Details
    • $14,167 /Mo
      6,800 SF

      Southern Pines Retail Space Available

      Retail space in a high-traffic shopping center with national co-tenants.
      144 Brucewood Rd, Southern Pines, NC 28387
      View Details
    • $3,500 /Mo
      2,000 SF

      Southern Pines Flex Space Available

      Flexible commercial space in Yadkin Park, Southern Pines. Available 2025.
      173 Davis St, Southern Pines, NC 28387
      View Details
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    173 Broad St
    Southern Pines, NC 28387-5525
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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