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    OFF-MARKET
    Land

    0 Hawkins Ave & Greenway Ct @ Hawkins Ave, Sanford, NC 27330

    0.59 ac lot
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Land
    Lot 0.59 ac (25,700 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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