Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Saint Andrews Church Rd, Unit 6 Sanford, NC 27332

    Sponsored
    For Sale
    $69,000

    LAND - Sanford, NC

    Lot size:
    2.48 Acres
    Days on Market:
    81
    Last Refresh:
    Feb 6 at 9:06 am

    Property Features for Saint Andrews Church Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Vegetation
    Partially Wooded
    Zoning
    RA (R1)
    APN
    New PIN listed on tax record as 965070220700
    Lot size
    2.48 Acres

    Utilities

    Sewer type
    Perc Test Required, Septic Needed

    We can help!

    Listing Contact
    Natalie Bree
    Natalie Bree

    NATALIE & CO REAL ESTATE CONSULTANTS, LLC (919) 357-7557

    Listing agent Natalie Bree (919) 357-7557

    Listing date Nov 18, 2025

    MLS# 10080994 Listing URL

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Sanford Land with River Access

    This 2.48-acre building lot is located on the Upper Little River. The property has no HOA, by-laws, or building restrictions other than standard county zoning and building requirements. Any builder is welcome, and there are no restrictions for modular or mobile homes. Animals are permitted, and work trucks can be parked on the property. A tranquil creek flows through the property, merging with the Upper Little River. The northern property border is the midline of the Upper Little River. A portion of the land on the river is naturally in the flood zone. According to the plat, the property is zoned RA and is not in a watershed restricted area. The soil is suitable for a low-profile chamber septic system, as indicated in the June 2024 soil report. City water is available on St. Andrew's. There is potential for dual dwellings, but verification should be obtained directly from Lee County Planning and Environmental Health departments. The location is approximately 5 miles from major shopping, restaurants, groceries, and big-chain hardware stores, and minutes from golf courses, local farms, lakes, parks, and junctions for US highways 1, 42, 78, 87, 421, and 501. The property is located in Sanford, NC.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Sanford
    County
    Lee
    State
    North Carolina
    Longitude
    -79.143425
    Latitude
    35.400154

    Nearby Similar for Sale

    • $1,250,000
      6,000 SF

      Sanford Mixed-Use Commercial Opportunity

      Versatile Sanford property with commercial buildings and residential space.
      1110 Hawkins Ave, Sanford, NC 27330
      View Details
    • $750,000
      3,550 SF

      Restored Historic Home, Sanford, NC

      Exquisitely restored historic home, ideal for office or event space.
      202 W Main St, Sanford, NC 27332
      View Details
    • New
      $975,000
      8,360 SF

      Downtown Sanford Commercial Building For Sale

      Two-story commercial building in downtown Sanford with flexible layout.
      1500 S Horner Blvd, Sanford, NC 27330
      View Details
    • $599,000
      0.29 Acres

      Downtown Sanford Commercial Property Available

      Versatile commercial property in downtown Sanford with great exposure.
      409 Carthage St, Sanford, NC 27330
      View Details
    • Contact for pricing
      28,135 SF

      Sanford Industrial Building with Crane

      28,135 SF industrial building with crane near Sanford.
      5825 Clyde Rhyne Dr, Sanford, NC 27330
      View Details
    • $2,621,350
      9,690 SF

      Industrial Investment with Laydown Yard

      Flex/warehouse investment property with a new 10-year lease.
      2920 Lee Ave, Sanford, NC 27332
      View Details
    • $1,200,000
      17 SF

      Historic Downtown Sanford Mixed-Use Building

      Historic mixed-use building in Downtown Sanford with retail and office/apartment potential.
      128 Carthage St, Sanford, NC 27330
      View Details
    • Contact for pricing
      91,366 SF

      Sanford Industrial Building with Highway Access

      91,366 SF industrial building ideal for warehousing and distribution.
      2613 Lee Ave, Sanford, NC 27332
      View Details
    • Contact for pricing
      2,704 SF

      Retail Property in Sanford, NC

      Retail property with 2704 square feet of space.
      809 Carthage St, Sanford, NC 27330
      View Details
    • $28,000,000
      431,983 SF

      Sanford Industrial Portfolio: 32 Acres

      Multi-site industrial complex, fully occupied.
      807 Main St, Sanford, NC 27330
      View Details
    • $275,000
      2.17 Acres

      Sanford Commercial Lot - Huge Potential

      2.17 Acres, Commercial Zoning, Endless Possibilities
      Nicholson Rd, Sanford, NC 27332
      View Details
    • $465,000
      7,159 SF

      Downtown Sanford Retail Space

      Prime Retail Location, High Visibility
      110 Steele St, Sanford, NC 27330
      View Details

    FAQs

    What type of property is this?
    Land - 2.48 acre building lot on the Upper Little River.
    Where is this land located?
    The property is located at Saint Andrews Church Rd, Unit 6 Sanford, NC.
    What is the asking price?
    The asking price for this property is $69,000.
    What are key features of this property?
    This property features: - Large 2.48-acre building lot on the Upper Little River.; - No HOA or building restrictions (other than standard county requirements).; - Zoned RA and not in a watershed restricted area; suitable for septic system.
    (919) 357-7557
    Request Owner's contact information
    Saint Andrews Church Rd, Unit 6 Sanford, NC 27332
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Saint Andrews Church Rd, Unit 6
    Sanford, NC 27332
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Saint Andrews Church Rd, Unit 6 Sanford, NC 27332
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Natalie Bree
    Natalie Bree
    Real Estate License ID: 238878
    (919) 357-7557
    Learn more
    Google sign-in failed. Please try again or use another login method.