111 MainSpring Lake, NC 28390

  • Mixed-use properties
  • 1,760 SF
Off market
$2,304,370 Estimated

Property Details for 111 Main

Year built
1970
Lot size
0.23 AC
Property size (Sq ft)
1,760 SF
Zone code
CB
Property type
Mixed-use properties
Property subtype
Retail residential properties
APN
0501-75-2469
APU
501752469

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $547,553
    6.5%
    $505,433
    7%
    $469,331
  • Comparable approach

    Method
    Valuation
    Relative Method
    $682,366
    Geo Method
    $626,185
  • Alternative Use

    Use
    Valuation
    Residential
    $505,433
    Hospitality
    $462,974
    Educational
    $385,189
    Medical
    $398,436
    Retail
    $599,183
111 Main, Spring Lake, North Carolina

Location Insight

City
Spring Lake
County
Cumberland
State
North Carolina
Latitude
35.1664
Longitude
-78.9757
CBSA code
22180
CBSA name
FAYETTEVILLE, NC METROPOLITAN 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
2019
$1,482
$26,049
$69,810
$95,859
-
$26,049
$69,810
$95,859

FAQs

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