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    5110 Nc Highway 87 Sanford, NC 27332

    For Lease
    Contact for pricing

    1.02 acre commercial land for lease in Sanford, NC.

    Property size:
    1 SF
    Lot size:
    1.02 Acres

    Property Features for 5110 Nc Highway 87

    General Information

    Size
    1 SF
    Lot size
    1.02 Acres

    Source: Hunter Stewart Agent Hunter Stewart

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Development Land For Lease

    This 1.02-acre commercial land is available for lease and is ideally suited for retail development. The site benefits from its location directly in the path of growth, making it suitable for businesses such as fast food restaurants, coffee shops, or auto and oil services. It features approximately 375 feet of linear road frontage along Hwy 87, the main route from Sanford to Fayetteville and Fort Bragg. Water and sewer services are available. The zoning is General Commercial. Adjacent to the site, multiple new developments have recently been completed, including a Dollar General and a Hardee’s. A conceptual design plan is included. The ownership is open to considering a turnkey project.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Building Supply Auto Repair Shop Hotel & Motel Auto Parts Store Discount Store Barber Shop Electronics Store Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Lee
    State
    North Carolina
    Longitude
    -79.109024
    Latitude
    35.378975

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    FAQs

    What type of property is this?
    Commercial land - 1.02 acre commercial land for lease in Sanford, NC.
    Where is this commercial land located?
    The property is located at 5110 Nc Highway 87 Sanford, NC.
    What are key features of this property?
    This property features: - Prime location on Hwy 87, the main route from Sanford to Fayetteville/Fort Bragg, offering high visibility and traffic.; - Water and sewer available, essential for various commercial developments.; - Zoned General Commercial, allowing for a wide range of business types including fast food, coffee shops, and auto services.
    (919) 548-3172
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    5110 Nc Highway 87 Sanford, NC 27332
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    Sanford, NC 27332
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    Realmo Value Estimation

    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.

    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.

    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
    5110 Nc Highway 87 Sanford, NC 27332
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