Sanford Mixed-Use Commercial
1110 Hawkins Avenue Sanford, NC 27330
1110 Hawkins Avenue, Sanford, NC, 27330
$995,000
For Sale
$995,000
COMMERCIAL - Sanford, NC
Property Size6,000 SF
Lot Size10.50 Acres
Price / SF$165.83
Days on Market224
Property Features for 1110 Hawkins Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- L-I, C-2, R-12
- Parking
- 20
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 10.50 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 3 Parcels: #964375139500 (PT Martin, LLC), #964375176500 (PT Martin, LLC), #964365626300 (Peter Martin)
- Tax Annual Amount
- 6772
Building Details
- Year built
- 1984
- Floors in Building
- 1
- Building materials
- Brick Veneer, Concrete
Listing agency
Harris Realty & Auction
(919) 742-3286
Listed by
Scott Harris · License #159569
(919) 498-4077
Added: Dec 11, 2025 Updated: May 19 at 5:13PM Checked: Jul 23 at 2:06AM
MLS# 10137042
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property in Sanford, North Carolina, offers commercial and light industrial potential across 10.55+/- acres. The site includes full utilities, with water, sewer, and natural gas available. Approximately 9.5+/- acres are zoned L-I, with 3.7+/- acres located within a flood zone. An additional 1.05+/- acre parcel is zoned C-2 and R-12. The property is located on Hawkins Avenue, a gateway to Historic Downtown Sanford. It features three commercial buildings constructed between the mid-1980s and 1990s, sized at 4,000 sq ft, 800 sq ft, and 1,200 sq ft. An early 1900s residence, updated in the 1980s, is located at the entrance and offers approximately 1,437 sq ft with 2 bedrooms and 2 bathrooms. Previously used as a print shop and silk-screening business, this tract offers opportunities for redevelopment, expansion, or diversified commercial use.
Key Highlights
- 10.55+\/- acre mixed‑use property with commercial and light industrial potential.
- 9.5+\/- acres zoned L‑I (Light Industrial) with full utilities: water, sewer, and natural gas.
- Strategically located on Hawkins Avenue, a high‑traffic gateway to Historic Downtown Sanford.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.0k | $18.00 |
| − Vacancy | −$7.1k | −$1.19 |
| EGI | $100.9k | $16.81 |
| − OpEx | −$37.8k | −$6.30 |
| NOI | $63.0k | $10.51 |
6,000 SF · lease $18.00/SF/yr · vacancy 6.60% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$900.6K
$788.1K – $1.05M
NOI $63,045 @ 7.0% cap · market cap 6.34%
Second Best
Industrial
$454.5K
$397.7K – $530.3K
NOI $31,817 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M
NOI $102,125 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Versatile Sanford property with commercial buildings and residential space.
Where is this mixed-use property located?
The property is located at 1110 Hawkins Avenue Sanford, NC.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 10.55+\/- acre mixed‑use property with commercial and light industrial potential.; 9.5+\/- acres zoned L‑I (Light Industrial) with full utilities: water, sewer, and natural gas.; Strategically located on Hawkins Avenue, a high‑traffic gateway to Historic Downtown Sanford.
