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    Nc-87 Sanford, NC 27332

    Sponsored
    For Sale
    Contact for pricing

    Prime NC retail land, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Sanford, NC investment opportunity comprises two strategically positioned parcels totaling 13.24 acres, ideal for retail development. The property boasts a prime location along a high-traffic retail corridor (approximately 22,500 vehicles per day), situated near various national retailers and adjacent to a multifamily development. The parcels offer a unique zoning combination: a significant portion is zoned C-2, while a section in the rear is zoned O&I, providing flexibility for diverse development plans. Parcel 9660-59-1002-00 encompasses approximately 2 acres, while parcel 9660-48-6384-00 covers approximately 11.24 acres. Future infrastructure improvements, including the proximity of the planned I-685, further enhance the long-term value and potential of this site. This location in Sanford, NC (zip code 27332) offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong retail presence. The property's address is NC-87, near Commerce Drive, across from a Subway. Contact for pricing.

    Property Features for 0 Nc-87

    General Information

    Property type
    Land
    Lot Size
    576,734 SF

    HighLights

    • Two adjacent parcels totaling ±13.24 acres available for sale.
    • Parcel 1: ±2 acres, PIN 9660‑59‑1002‑00.
    • Parcel 2: ±11.24 acres, PIN 9660‑48‑6384‑00.
    • High traffic count: 22,500 vehicles per day (VPD).
    • C‑2 and O&I zoning.
    • 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
    -79.1104024
    Latitude
    35.3628724

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    FAQs

    What type of property is this?
    Land - Prime NC retail land, high traffic.
    Where is this land located?
    The property is located at Nc-87 Sanford, NC.
    What are key features of this property?
    This property features: Two adjacent parcels totaling ±13.24 acres available for sale.; Parcel 1: ±2 acres, PIN 9660-59-1002-00.; Parcel 2: ±11.24 acres, PIN 9660-48-6384-00.
    (919) 576-2504
    Request Owner's contact information
    Nc-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
    Nc-87 Sanford, NC 27332
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