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    Lower Moncure Rd Sanford, NC 27330

    Sponsored
    For Sale
    $885,750

    Residential land, ideal location, RA zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 59.05-acre parcel in Lee County, North Carolina, presents a unique opportunity for residential development. Located on Lower Moncure Rd in Sanford, NC (zip code 27330), the property boasts an advantageous RA zoning designation. Its expansive size offers significant potential for various residential projects. The land's strategic location provides convenient access to major transportation arteries, including US Highway 1, placing residents within easy reach of the greater Triangle Region. Furthermore, its proximity to key economic drivers such as Triangle Innovation Point (home to VinFast), Central Carolina Enterprise Park, and the Raleigh Executive Jetport enhances its appeal and investment value. The property's APN is 9675-13-1921-00. This offering represents a rare chance to acquire a substantial tract of land in a rapidly growing area, poised for significant future appreciation. Serious inquiries are encouraged to explore the possibilities this exceptional property presents. The asking price is $885,750.

    Property Features for 0 Lower Moncure Rd

    General Information

    Property type
    Land
    Lot Size
    2,572,218 SF

    HighLights

    • ±59.05‑acre site
    • Proximity to US‑1 and Raleigh Executive Jetport
    • RA Zoning designation
    • Located in Lee County, NC
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sanford
    County
    Lee
    State
    North Carolina
    Longitude
    -79.090999487051
    Latitude
    35.548022864856

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    FAQs

    What type of property is this?
    Land - Residential land, ideal location, RA zoning.
    Where is this land located?
    The property is located at Lower Moncure Rd Sanford, NC.
    What is the asking price?
    The asking price for this property is $885,750.
    What are key features of this property?
    This property features: ±59.05-acre site; Proximity to US-1 and Raleigh Executive Jetport; RA Zoning designation
    (919) 576-2500
    Request Owner's contact information
    Lower Moncure Rd Sanford, NC 27330
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    Sanford, NC 27330
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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
    Lower Moncure Rd Sanford, NC 27330
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