Sanford Mixed-Use Development
1110 Hawkins Sanford, NC 27330
1110 Hawkins, Sanford, NC, 27330
$995,000
For Sale
$995,000
Versatile Sanford property with commercial and light industrial potential.
Property Size6,000 SF
Lot Size10.50 Acres
Price / SF$165.83
Days on Market221
Property Features for 1110 Hawkins
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 10.50 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1984
Listing Agency
HARRIS REALTY & AUCTION
(919) 742-3286
Listed by
SCOTT HARRIS · License #159569
Source
Corcoran
Added: Dec 12, 2025 Updated: Jul 10 at 3:46 pm Checked: Jul 19 at 4:11 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HARRIS REALTY & AUCTION
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, such as water, sewer, and natural gas. Approximately 9.5 acres are zoned L-I, with 3.7 acres within a flood zone, along with a 1.05-acre parcel zoned C-2 and R-12. Located on Hawkins Avenue, a gateway to Historic Downtown Sanford, the property 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 respectively. An early 1900s residence, updated in the 1980s, is situated at the entrance, offering 2 bedrooms, 2 bathrooms, and approximately 1,437 sq ft. Previously used as a print shop and silk-screening business, this tract is suitable for redevelopment, expansion, or diversified commercial use.
Key Highlights
- 10.55± acre mixed‑use property with commercial and light industrial potential.
- Zoned L‑I, C‑2, and R‑12, offering diverse development options.
- Located on highly traveled Hawkins Avenue, the 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
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FAQs
What type of property is this?
Mixed-use property - Versatile Sanford property with commercial and light industrial potential.
Where is this mixed-use property located?
The property is located at 1110 Hawkins 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.; Zoned L‑I, C‑2, and R‑12, offering diverse development options.; Located on highly traveled Hawkins Avenue, the gateway to Historic Downtown Sanford.
