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Property profile & analytics
OFF-MARKET
Drive through restaurants

211 Murchison Rd Spring Lake, NC 28390-3657

2,614 SF 0.27 ac lot Built 1981
Entity Owned 20-yr Hold Free & Clear
Property ID
US53-0064218
Property summary
AI-generated overview

This exceptional Spring Lake, NC retail property offers 3,440 square feet of vacant space within a 5,160 square foot building, ideally suited for a restaurant tenant (no tobacco/vape/CBD). Renovated in 2025, the building features a drive-thru capable endcap, and boasts 72 parking spaces. Situated on a 1.12-acre lot at 211 Murchison Rd, this property benefits from a prime location along the busy Hwy 24/210 corridor (Bragg Blvd to the north and Murchison Rd to the south), directly adjacent to Fort Liberty Army Base, one of the largest in the US. The high daily traffic count of 65,500 vehicles provides exceptional visibility and accessibility. The property's proximity to Fort Liberty ensures a substantial daytime population of 66,944 within a five-mile radius, creating strong lunch demand. The building is 86 feet deep and 60 feet wide, and is zoned C3. The landlord will consider a single-tenant build-to-suit or ground lease. Built in 1981, this property presents a unique opportunity to capitalize on the thriving Spring Lake market.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1981
Total area 2,614 SF
Lot 0.27 ac (11,761 SF)
Zoning code C3
APN 0501-83-7491
UPID US53-0064218
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
  • Subway Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Spring Lake Partners LLC · 20 yrs held
Spring Lake Partners LLC
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
C3 · Spring Lake, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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…

Zone name Heavy Commercial District
General category COMMERCIAL
Zone area 143.75 ac
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