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    Us-501 & Tramway Rd Sanford, NC 27332

    Sponsored
    For Lease
    Contact for pricing

    2.83 Acres, US-501 & Tramway Rd

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 2.83-acre commercial land parcel presents a prime opportunity for development in Sanford, North Carolina. Located at the high-traffic intersection of US-501 and Tramway Road, this single-tenant site offers unparalleled visibility and accessibility. The property is zoned for commercial use (specific zoning details available upon request) and boasts a flat, easily developable terrain. Its strategic location within Lee County provides convenient access to major transportation arteries, ensuring seamless connectivity for businesses and their clientele. The substantial lot size allows for a wide range of development possibilities, from retail spaces and restaurants to light industrial facilities or office buildings. This is an ideal location for businesses seeking high visibility and convenient access to a growing community. Utilities are available at the site (specific details available upon request). Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering. The property is offered for lease, and terms are negotiable. Detailed site plans and surveys are available for review. Don't miss this chance to secure a prominent location in a thriving market. Contact us today to schedule a site visit and discuss your development plans.

    Property Features for 0 Us-501 & Tramway Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • Sanford, NC offers a burgeoning submarket, with significant residential growth planned.
    • Excellent opportunity for quick‑service restaurants (QSRs), medical facilities, and retail.
    • Proximity to recently developed national QSRs and convenience stores.
    • Immediately available for lease.
    • Price available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sanford
    County
    Lee
    State
    North Carolina
    Longitude
    -79.2188533
    Latitude
    35.4370492

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    FAQs

    What type of property is this?
    Land - 2.83 Acres, US-501 & Tramway Rd
    Where is this land located?
    The property is located at Us-501 & Tramway Rd Sanford, NC.
    What are key features of this property?
    This property features: Sanford, NC offers a burgeoning submarket, with significant residential growth planned.; Excellent opportunity for quick-service restaurants (QSRs), medical facilities, and retail.; Proximity to recently developed national QSRs and convenience stores.
    Request Owner's contact information
    Us-501 & Tramway Rd 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
    Us-501 & Tramway Rd Sanford, NC 27332
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