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102 S Steele St Sanford, NC 27330
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Property profile & analytics

102 S Steele St Sanford, NC 27330


  • Strip malls
  • 19,544 SF
  • 0.10 lot acres
Unique Downtown Sanford Retail Space For Lease
$3,350 /Mo
19,500 SF

Unique Downtown Sanford Retail Space

Renovated retail space with hardwood floors and exposed brick.

102 S. Steele St, Sanford, NC 27330
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Property ID
US53-2841667
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Woolstone Corporation / Radio Station / Telecommunications Service
  • ERA Strother Real Estate - Sanford / Real Estate Agency
  • Life 103.1 WLHC-FM / Marketing & Advertising / Advertising Agency
  • Empower Commercial Group - Sanford / Property Management Company / Real Estate Rental Agency
  • Shops of Steele Street / Clothing & Fashion Store

Property Details for 102 S Steele St

Year built
1924
Lot size
0.10 lot acres
Property size
19,544 SF
Zone code
CENTRAL BUSINESS DISTRICT
Property type
Strip malls
Property subtype
Shopping centers
APN
9642-69-6823-00
APU
964269682300

Description

This exceptional retail opportunity is located at 102 S. Steele St in Sanford, North Carolina, within Lee County. Known as the Lee Furniture Building, this Class B property boasts a rich history, having been constructed in 1926. The building stands as one of the tallest and most unique structures in downtown Sanford, offering a truly distinctive setting for your business. The property totals 19,500 square feet, with a significant 7,612 square feet currently vacant and available for lease. Spaces can be divided to a minimum of 3,806 square feet, with a maximum contiguous space of 7,612 square feet. The building features beautifully preserved hardwood floors and punched tin ceilings, providing a rare and elegant ambiance. Recent renovations have successfully modernized the building while carefully maintaining its historical charm and character. This prime location in the heart of Sanford offers excellent visibility and accessibility, making it an ideal space for a variety of retail businesses. The zip code is 27330.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,045,000
    Market price range: $815k - $2.03M
    AI Estimate
    $1,026,000
    Market price range: $585k - $1.97M
  • Alternative Use

    Use
    Estimation
    NEIGHBORHOOD: SHOPPING CENTER
    $1,325,000
    Current use
    AUTO REPAIR, GARAGE
    $1,305,000
    Change: -1% Conversion: Difficult
    INDUSTRIAL (GENERAL)
    $1,255,000
    Change: -5% Conversion: Difficult
    WAREHOUSE, STORAGE
    $1,220,000
    Change: -8% Conversion: Difficult

Get a detailed, property-specific estimation — fast and free


Location Insight

  • Map
  • Local Demand
City
Sanford
County
Lee
State
North Carolina
Longitude
-79.1793
Latitude
35.4805
CBSA code
41820
CBSA name
SANFORD, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,055
$25,900
$905,000
$930,900
-
$25,900
$905,000
$930,900
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