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    OFF-MARKET
    Warehouses

    0 Nc 87 Hwy, Sanford, NC 27332

    1.22 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.22-acre commercial property is ideally situated on Highway 87 in Sanford, North Carolina, offering unparalleled visibility and accessibility. Located near the intersection of Highway 87 and Broadway Road, this site benefits from heavy daily traffic flow and excellent visibility. The property's strategic location places it in close proximity to established businesses, including a Dollar General and Hardee's located directly across the intersection. Furthermore, its proximity to Carolina Trace (approximately one mile away) and Fort Bragg Army Base (minutes away) provides significant advantages for potential development. The area is experiencing substantial growth, with several new residential communities and businesses within a five-mile radius. This presents a unique opportunity for investors and developers seeking a high-traffic location with strong potential for future growth. The property is zoned for commercial use and is ready for immediate development. The asking price for this prime commercial land is $325,000. The lot size is 1.22 acres. This is a rare opportunity to acquire a highly visible and strategically located commercial property in a rapidly developing area.

    Property profile
    Verified
    Property type Warehouses
    Lot 1.22 ac (53,143 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
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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