400 MainSpring Lake, NC 28390

  • Drive through restaurants
  • 3,417 SF
Off market
$11,221,010 Estimated

Property Details for 400 Main

Year built
1975
Lot size
1.12 AC
Property size (Sq ft)
3,417 SF
Zone code
C3
Property type
Drive through restaurants
APN
0501-83-0928
APU
501830928

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,009,140
    6.5%
    $931,511
    7%
    $864,975
  • Comparable approach

    Method
    Valuation
    Relative Method
    $888,930
    Geo Method
    $815,712
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,847,920
    Mixed-Use / Specialty
    $915,508
    Hospitality / Lodging
    $655,167
    Office
    $896,859
    Institutional / Educational
    $947,226
    Residential Income
    $1,108,260
    Multifamily
    $1,399,490
    Automotive / Energy
    $811,908
    Parking / Income-Based Land
    $292,710
    Restaurant / Food Service
    $449,096
    Healthcare / Senior Housing
    $951,842

Location Insight

City
Spring Lake
County
Cumberland
State
North Carolina
Latitude
35.1625
Longitude
-78.9729
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
2023
$7,803
$213,861
$252,627
$466,488
-
$213,861
$252,627
$466,488

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message