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Property summary
This stunning, 17,816 square foot mixed-use building, located in the heart of downtown Sanford, North Carolina, presents a unique investment opportunity. Originally constructed in 1924 and extensively renovated in 2021, this former Masonic Temple boasts a rich history and captivating architectural details. The building, listed on the National Register of Historic Places since 1984, offers significant potential for historic tax credits. The ground floor and basement currently house retail… spaces, while the upper two floors are adaptable for office or apartment use. Notable features include ornate stairwells, an elevated main floor stage, a secret rooftop entrance, and an original coal shoot in the basement. The property's prime location at the intersection of Carthage Street and N. Steele Street provides excellent visibility and accessibility. With a new roof installed in 2021, this building offers a blend of historic charm and modern functionality. The asking price is $1,200,000. The basement space presents an ideal opportunity for a speakeasy-style bar, complementing the building's Prohibition-era history. This is a rare chance to own a piece of Sanford's vibrant past while capitalizing on its promising future.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 17,816 SF
- Lot area
- 0.1 ac
- Year built
- 1925
- Stories
- 1
- APN
- 9643-60-6063-00
- Zoning
- CENTRAL BUSINESS DISTRICT
- Assessed value · 2023
- $917,100
- Annual tax · 2023
- $11,876
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $11,876
- Selected cap rate
- Neighborhood: Shopping Center · current use
- Auto Repair, Garage
- Industrial (general)
- Warehouse, Storage
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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