Property summary
This exceptional commercial property, located at the high-traffic intersection of Colon Rd and US Hwy 1 in Sanford, North Carolina, presents a unique investment opportunity. The site offers multiple retail spaces for lease, spanning a flexible land area ranging from 2 to 13 acres. The property is classified as both retail and land, providing versatility for various development plans. With a total building square footage of 1 square foot (currently), the primary focus is on the expansive land parcel, ideal for new construction or expansion. Situated in Lee County, this location benefits from excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in a growing market. The property's zoning and permitted uses should be verified independently. The 27330 zip code offers a robust demographic profile, ensuring a substantial potential customer base. This is a rare chance to acquire a significant piece of commercial real estate in a strategic location with high growth potential. The property's size and location make it suitable for a variety of retail uses, from small shops to larger-scale developments. Interested parties are encouraged to conduct their own due diligence to assess the suitability of the property for their specific needs. The property is currently listed for lease.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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