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1218 N Bragg Blvd 4,680 SF Retail Building Spring Lake, NC 28390 $520,000 ($111.11/SF)
Investment Highlights
- Six Lane Road State Maintained
- Billboard on the property has a lease.
- Retail space is 2400 SF building. Garage/Warehouse is a separate building consisting of 2280 SF
Executive Summary
Retail & Garage/Warehouse Building located on Bragg Blvd/HWY 24. Retail space is 2400 SF building. Garage/Warehouse is a separate building consisting of 2280 SF on a 0.43+/- acre side lot with a fence surrounding most of it. Approximately 127 ft of frontage on Bragg Blvd with 43,500 VPD (NC DOT 2022). Additional storage buildings & carports convey. Billboard on the property has a lease.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,680 SF
Building Class
C
Year Built
1969
Price
$520,000
Price Per SF
$111.11
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.80 AC
Zoning
C3 - Heavy Commercial
Parking
36 Spaces (7.69 Spaces per 1,000 SF Leased)
Frontage
127’ on Bragg Blvd
Amenities
- Pylon Sign
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0502-51-4582 | Improvements Assessment | $126,125 |
| Land Assessment | $125,202 | Total Assessment | $251,327 |
Property Taxes
Parcel Number
0502-51-4582
Land Assessment
$125,202
Improvements Assessment
$126,125
Total Assessment
$251,327
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1218 N Bragg Blvd
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