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    OFF-MARKET
    Land

    0 Bounty Ln, Sanford, NC 27330

    10.63 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 10.63-acre property presents a unique investment opportunity in Sanford, North Carolina. Conveniently located right off Highway 87 Bypass and within a mile of US 421 Bypass and the new Lee County Sports Complex, this land boasts significant development potential. The property's zoning, designated as Rd and R20/MH, permits residential uses, including mobile homes, making it ideal for a variety of projects. A portion of the land previously operated as a mobile home park, providing existing infrastructure advantages. Access is via a private road, ensuring privacy and control. Existing utilities are in place, with water and power already connected to the property. Several septic tanks, though capped, are present on the site. The property's APN is 9662-83-9851-00. This location offers easy access to major roadways and the amenities of Sanford, while also benefiting from the proximity to the new sports complex, which is expected to drive further growth and development in the area. The asking price for this remarkable property is $315,000. This is a rare opportunity to acquire a substantial parcel of land with existing infrastructure and high development potential in a rapidly growing area.

    Property profile
    Verified
    Property type Land
    Lot 10.63 ac (463,043 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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