121 SkylandSpring Lake, NC 28390

  • Strip malls
  • 2,100 SF
Off market

Property Details for 121 Skyland

Year built
1968
Lot size
6.88 AC
Property size (Sq ft)
2,100 SF
Zone code
CP
Property type
Strip malls
Property subtype
Neighborhood centers
APN
0501-86-0980
APU
501860980

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $620,190
    6.5%
    $572,483
    7%
    $531,591
  • Comparable approach

    Method
    Valuation
    Relative Method
    $546,297
    Geo Method
    $501,315
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,135,680
    Mixed-Use / Specialty
    $562,652
    Hospitality / Lodging
    $402,657
    Office
    $551,195
    Institutional / Educational
    $582,146
    Residential Income
    $681,111
    Multifamily
    $860,077
    Automotive / Energy
    $498,983
    Parking / Income-Based Land
    $179,890
    Restaurant / Food Service
    $276,013
    Healthcare / Senior Housing
    $584,978

Location Insight

City
Spring Lake
County
Cumberland
State
North Carolina
Latitude
35.1695
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
$36,404
$1,361,118
$1,714,772
$3,075,890
-
$1,361,118
$1,714,772
$3,075,890

FAQs

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