Property summary
This exceptional 9.5-acre property in Sanford, North Carolina, presents a compelling investment opportunity. Located near US 1 in Lee County (APN: 9643-75-1765-00, 9643-75-1395-00), this land is zoned LI, offering flexibility for various commercial and industrial uses. Approximately 5.6 usable acres (after accounting for floodplain) are available, ideal for flex space or light industrial development. The asking price of $450,000 is based on the non-floodplain acreage. The property's location within an Opportunity Zone adds significant tax advantages. Note that separate purchase requires opening an unopened city street for access. An adjacent property, encompassing 1.05 acres with four buildings (residential rental, print shop, screen printer, and office/retail totaling approximately 8000 square feet), is also available for purchase separately or as part of a larger package. The adjacent property's buildings present additional income potential due to limited inventory in the Sanford market. All offers will be considered.
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
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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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