Property summary
This exceptional 0.59-acre vacant lot presents a unique investment opportunity in a thriving area of Sanford, North Carolina. Strategically located on Hawkins Ave & Greenway Ct, near the Raleigh side of town, this property boasts convenient access to major transportation arteries, including US 1 and the new Hwy 421 bypass. Its prime location within a small development primarily comprised of medical facilities makes it ideal for a variety of professional uses. Sewer is readily available on-site, simplifying development plans. The area is experiencing significant growth, with new residential construction underway nearby, including a substantial new apartment complex adding approximately 300 units. Furthermore, a local manufacturer is currently expanding its operations in the immediate vicinity, indicating a robust and expanding local economy. This property offers exceptional potential for investors seeking a foothold in a dynamic and rapidly developing market. The lot's proximity to established medical businesses and new residential developments ensures high visibility and strong potential for future appreciation. This is a rare opportunity to acquire a well-situated parcel of land in a high-growth area of Sanford. Note that an adjacent 1.55-acre lot is also available for purchase separately. The zip code is 27330, and the property is situated in Lee County.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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