1 Tramway Rd & Hwy Sanford, NC 27332
- Retail properties
- 1 SF
- 12.64 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1 Tramway Rd & Hwy
- Lot size
- 12.64 lot acres
- Property size
- 1 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional commercial property, situated at the high-traffic intersection of Tramway Road and Highway 1 in Sanford, North Carolina, presents a unique investment opportunity. The property encompasses a total land area ranging from 1.3 to 2.69 acres, offering significant flexibility for development. Currently zoned for retail use, this site boasts a total building square footage of 1 square foot, with 1 square foot currently vacant. The property's location in Lee County, zip code 27332, provides excellent visibility and accessibility, making it ideal for a variety of retail businesses. Seven individual spaces are available, providing options for multiple tenants or a single large-scale development. The expansive 12.64 acres of land offer ample room for expansion or the addition of complementary businesses. This prime location in Sanford offers high traffic counts and proximity to residential areas, ensuring a strong customer base. The property's versatility and strategic location make it an attractive prospect for investors seeking a high-return investment in a thriving North Carolina market. This is a rare opportunity to acquire a significant retail property in a rapidly growing area. The property is ready for immediate development or lease.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sanford
- County
- Lee
- State
- North Carolina
- Longitude
- -79.2189
- Latitude
- 35.437