Property profile

0 Horner Blvd Sanford, NC 27330

OFF-MARKET
Retail properties & Spaces
0.92 ac lot
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Property summary

AI-generated overview

This exceptional 0.919-acre commercial lot is strategically located at the intersection of S. Horner Boulevard and Bragg Street in Sanford, North Carolina. Its prime location offers excellent visibility along Sanford's main thoroughfare, ensuring high traffic exposure for any future development. The property is zoned Commercial C1, providing flexibility for a variety of retail uses. Its proximity to Sanford's retail core (less than one mile away) and its location near Central Carolina Community College and Lee County High School present unique opportunities to serve a large student population. The area is experiencing significant economic growth, fueled by recent major investments from companies like Pfizer, Bharat Forge, Astellas, Through6, and Abzena, totaling over $994 million and creating over 1,300 new jobs in Lee County. This translates to increased consumer spending and a strong potential for return on investment. The property's APN is 965254111900. This is a rare opportunity to acquire a highly desirable commercial parcel in a rapidly expanding market. Don't miss out on this chance to capitalize on Sanford's vibrant growth. The asking price for this exceptional property is $310,000.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.92 ac (40,032 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Horner Blvd Sanford, NC 27330
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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