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Property profile & analytics
OFF-MARKET
Commercial land

1st St Spring Lake, NC 28390

0.23 ac lot
Individually Owned 9-yr Hold Free & Clear
Property ID
US53-3513259
Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.23 ac (10,019 SF)
Zoning code CB
APN 0501-76-4311
UPID US53-3513259
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Viriginia Novak · 9 yrs held
Viriginia Novak
since 2017
3 recorded transactions
2017
Price N/A
2014
$4,172
2004
Price N/A
Zoning & alternative use
CB · Spring Lake, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CB-This conventional zoning district is intended to preserve and enhance the original downtown area as a compact, viable and con venient location for a wide variety of commercial and office uses. Residential uses are permitted only in conjunction with a mixed use building or mixed use development, and shall be located to the rear or on the second floor of or…

Zone name Central Business District
General category MIXED_USE
Zone area 49.20 ac
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