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Financial
Distress signals
Property profile

806 Lillington Hwy Spring Lake, NC 28390

OFF-MARKET
Other warehouses
Property ID
US53-0334203
6,400 SF 0.46 ac lot Built 1987
Last sale Mar 2001 · $133,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 9,400-square-foot flex building sits on a 0.57-acre site in Spring Lake, North Carolina, located less than two miles from Fort Liberty. The property has been configured as a flex use commercial building and has operated under a net basis structure with a tenancy that was in place for an initial three-year period with additional renewal options. The site is positioned within the Spring Lake retail environment, with a Walmart Supercenter approximately a quarter mile away and restaurants and the Skyland Shopping Center within about one mile.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2019

What does the county charge?
$5k
Tax billed · 2019
Assessed value · 2023$317k
Assessed land$121k
Assessed improvement$196k
Effective rate1.64%

Value estimate

· Oct 2026
$250k
$225k – $275k
CAP approach$765k
Submarket $/SF estimate$475k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$74/SF
County average, outlier-cleaned · 80 recorded sales of this use type
Observed band · Q1–Q3$36 – $135
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C3
C-3-Heavy Commercial District. This conventional zoning district is designed primarily for a wide variety of retail and wholesale bu sine...
General categoryCOMMERCIAL
JurisdictionCUMBERLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.9
Wholesale Shop11.8
Electrical Service11.5

Location

806 Lillington Hwy Spring Lake, NC 28390-2126
County assessor Recorded deeds · 2 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
157 Main, Spring Lake, NC 28390-3901 $550,000 Jan 2026 2,220 SF
1st, Spring Lake, NC 28390 $290,000 May 2024 2,418 SF
2212 Lillington, Spring Lake, NC 28390-1842 $150,000 Mar 2023 6,000 SF
809 Chapel Hl, Spring Lake, NC 28390-2163 $16,775,000 Mar 2022 21,800 SF
1411 Lillington, Spring Lake, NC 28390-2148 $145,000 Oct 2021 7,752 SF
165 Manchester, Spring Lake, NC 28390-2303 $2,400,000 Jan 2021 3,030 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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