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    104 Hawkins Ave Sanford, NC 27330

    For Sale
    $700,000

    Flex, warehouse, & printing business.

    Property size:
    10,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity encompasses three parcels totaling 0.73 acres in downtown Sanford, NC's Opportunity Zone. The portfolio includes two buildings with a combined 10,500 square feet of space, currently housing a 100+ year-old printing business and a hair and nail salon tenant. The main building at 107 Charlotte Ave features 5,700 square feet, including a 4,400 square foot warehouse supporting the printing operation and a 1,300 square foot salon space generating additional income. A separate 4,800 square foot production facility is located at 104 Hawkins Ave. The property enjoys a prime location overlooking Depot Park, with convenient access to major routes (US-421, US Route 1, and NC Route 87), providing easy connectivity to Raleigh, Durham, Fayetteville, and Greensboro. The asking price for the real estate is $700,000; the business is also for sale, separately priced at $1,050,000. The sale requires the purchase of both the real estate and the business. This offering presents a unique blend of established income and significant growth potential in a thriving area with a projected increase in population. The property's multi-tenant setup and diverse uses offer flexibility and strong return potential. The combined square footage of 10,500 SF is priced at $66.67 per square foot.

    Property Features for 104 Hawkins Ave

    General Information

    Property type
    Manufacturing properties
    Square Feet
    10,500 SF
    Lot Size
    31,799 SF

    HighLights

    • $700,000 asking price for the real estate; business also available for $1,050,000.
    • 10,500 square feet on a 0.73‑acre lot in downtown Sanford, NC.
    • Flex, warehouse, and manufacturing space; includes a 5,700 SF building with a 1,300 SF tenant space (hair and nail salon).
    • Located in an Opportunity Zone, near major routes (US‑421, US‑1, NC‑87), providing easy access to Raleigh, Durham, Fayetteville, and Greensboro.
    • Multi‑tenant property with existing income from a hair and nail salon.
    • Broker co‑op available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jones Printing Co ... Print Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Lee
    State
    North Carolina
    Longitude
    -79.177657565943
    Latitude
    35.482172161551

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    FAQs

    What type of property is this?
    Manufacturing property - Flex, warehouse, & printing business.
    Where is this manufacturing property located?
    The property is located at 104 Hawkins Ave Sanford, NC.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: $700,000 asking price for the real estate; business also available for $1,050,000.; 10,500 square feet on a 0.73-acre lot in downtown Sanford, NC.; Flex, warehouse, and manufacturing space; includes a 5,700 SF building with a 1,300 SF tenant space (hair and nail salon).
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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
    104 Hawkins Ave Sanford, NC 27330
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