Property profile

0 Nc-87 Sanford, NC 27332

OFF-MARKET
Land
13.24 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 13.24 ac (576,734 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Nc-87 Sanford, NC 27332
Sanford metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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