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Retail Building with Restaurant Equipment

2100 Dalrymple Street, Sanford, NC 27330

For Sale
Contact for pricing

The property sits just off Horner Boulevard, providing access to US 421.

Property Size6,584 SF
Lot Size2.05 Acres
Price / SF$196.69
Days on Market19

Property Features for 2100 Dalrymple Street

General Information

Standard status Active
Size 6,584 SF
Lot size 2.05 Acres
Property subtype Retail

Additional Details

Highway Access Yes

Building Details

Buildings 1
Listing Agency: SVN | Real Estate Associates
Listed By: Brian Fabricatore · License #NC 289836
Source: Crexi
Added: Oct 22 Changed: Nov 8 Last Checked: Nov 8 at 6:04PM

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 SVN | Real Estate Associates

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail property at 2100 Dalrymple Street in Sanford contains 6,584 square feet on 2.05 acres. It was previously used as a restaurant, and existing restaurant equipment is included in the sale; its condition is unknown, and it is conveyed as-is.

The site is just off Horner Boulevard (US 421).

Key Highlights

  • 6,584‑square‑foot retail building on 2.05 acres
  • Existing restaurant equipment included in the sale, in unknown condition and conveyed as‑is
  • Located just off Horner Boulevard (US 421)

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$78,028
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,560,560 $1.6M
Cap Rate 7%
$1,114,686 $1.1M
Cap Rate 9%
$866,978 $867.0K
Market Conditions
NOI Build-Up for 6,584 SF
Gross rent
$114.6K $17.40/SF
− Vacancy
−$3.1K −$0.47/SF
EGI
$111.5K $16.93/SF
− OpEx
−$33.4K −$5.08/SF
NOI
$78.0K $11.85/SF
Area
Lee County, NC
Vacancy
2.70%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,560,560
Cap Rate 7%
$1,114,686
Cap Rate 9%
$866,978

Alternative Uses

Best Use
Retail
$1.11M
$975.4K – $1.30M (±1% cap)
NOI $78,028 @ 7.0% cap · market cap 6.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M (±1% cap)
NOI $112,065 @ 7.0% cap · market cap 8.65%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Buddy's Home Furnishings Interior Design

Suggested Use

Top Pick Garden Center HVAC Service Kitchen & Bath Showroom Veterinary Clinic Locksmith Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

638
Businesses Nearby

Demographics for 27330, NC

39,489
Population
17,026
Households
2.3
Avg Household Size
39
Median Age
23%
College-Educated
85%
High-School Grad
210.7 sq mi
ZIP Area
187
Density / Sq Mi
$60,726
Median Household Income
$37,477
Median Earnings
$966
Median Rent
$213,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The property sits just off Horner Boulevard, providing access to US 421.
Where is this retail space located?
The property is located at 2100 Dalrymple Street Sanford, NC.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 6,584‑square‑foot retail building on 2.05 acres; Existing restaurant equipment included in the sale, in unknown condition and conveyed as‑is; Located just off Horner Boulevard (US 421)
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