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    Main St Sanford, NC 27505

    Sponsored
    For Sale
    $495,000

    1.56-Acre Flex Space, $495,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.56-acre property, located at 0 N Main St in Broadway, North Carolina, presents a unique investment opportunity. Currently vacant and zoned LI (Light Industrial), this versatile site offers significant potential for a variety of uses, including industrial, flex, and retail development. The property's convenient location provides easy access to major transportation arteries, including US Highway 421 and NC Highway 42, ensuring seamless logistics and accessibility. Situated just ten minutes from the vibrant downtown Sanford area, this location benefits from proximity to a thriving community while maintaining a desirable, low-traffic setting. The site boasts existing infrastructure, including readily available water, power, and sewer connections, simplifying the development process and reducing upfront costs. Its ample size allows for the construction of two separate free-standing buildings, providing flexibility for multi-tenant occupancy or a larger single-use development. The asking price for this prime piece of land is $495,000. The Lee County location and APN 9682-32-7853-00 provide further identification details. This is an ideal opportunity for developers seeking a strategically located and well-equipped site for immediate development. Don't miss this chance to acquire a highly desirable property in a rapidly growing area.

    Property Features for 0 Main St

    General Information

    Property type
    Flex space
    Lot Size
    67,954 SF

    HighLights

    • 1.56‑acre lot zoned LI (Light Industrial).
    • Suitable for industrial, flex, and retail development.
    • Can accommodate two free‑standing buildings.
    • On‑site utilities: water, power, and sewer.
    • 10‑minute proximity to downtown Sanford, NC.
    • Convenient access to US Hwy 421 and NC Hwy 42.
    Property Profile Location Intelligence

    Current Use by Public Records

    Main St Tires ... Tire Shop Sanford Smiles Family ... Dentist General Dentistry Dentist Jonesboro Super Services Auto Repair Shop Walker Appliance Parts ... Appliance Repair Service

    Map

    City
    Sanford
    County
    Lee
    State
    North Carolina
    Longitude
    -79.0613557
    Latitude
    35.4626364

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    FAQs

    What type of property is this?
    Flex space - 1.56-Acre Flex Space, $495,000
    Where is this flex space located?
    The property is located at Main St Sanford, NC.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 1.56-acre lot zoned LI (Light Industrial).; Suitable for industrial, flex, and retail development.; Can accommodate two free-standing buildings.
    Request Owner's contact information
    Main St Sanford, NC 27505
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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
    Main St Sanford, NC 27505
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