Property profile

1001 Spg Ln Sanford, NC 27330

OFF-MARKET
Drive through restaurants
Property ID
US53-2675210
5,324 SF 1.62 ac lot Built 2012
Entity Owned 13-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2012
Total area 5,324 SF
Lot 1.62 ac (70,567 SF)
Zoning code HIGHWAY COMMERCIAL
APN 9643-02-7273-00
UPID US53-2675210

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

1001 Spg Ln Sanford, NC 27330-3459
Sanford metro Census 30102 SANFORD, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
$712k
Blend (final) Blend
$515k

Owner & transaction history

since 2012
2 recorded transactions
2012
$900,000
2012
Price N/A

Zoning & alternative use

HIGHWAY COMMERCIAL · Sanford, NC
Top alternative use upside
Commercial (general) $735,000 +51.2%
Auto repair, garage $545,000 +11.9%

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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