Property profile

0 Nc 87 Hwy Sanford, NC 27332

OFF-MARKET
Warehouses
1.22 ac lot
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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

Location

Nc 87 Hwy Sanford, NC 27332
Sanford metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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