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    OFF-MARKET
    Retail properties & Spaces

    1 Colon Rd & Us Hwy, Sanford, NC 27330

    1 SF 13 ac lot
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail properties & Spaces
    Total area 1 SF
    Lot 13 ac (566,280 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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