0 Horner Blvd, Sanford, NC 27330
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.