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    Property profile & analytics
    FOR SALE
    Warehouses

    104 Hawkins Ave, Sanford, NC 27330

    5,600 SF 0.29 ac lot Built 1984
    Individually Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US53-2743186
    Property summary
    AI-generated overview

    This exceptional investment opportunity encompasses three parcels totaling 0.73 acres in downtown Sanford, NC's Opportunity Zone. The portfolio includes two buildings with a combined 10,500 square feet of space, currently housing a 100+ year-old printing business and a hair and nail salon tenant. The main building at 107 Charlotte Ave features 5,700 square feet, including a 4,400 square foot warehouse supporting the printing operation and a 1,300 square foot salon space generating additional income. A separate 4,800 square foot production facility is located at 104 Hawkins Ave. The property enjoys a prime location overlooking Depot Park, with convenient access to major routes (US-421, US Route 1, and NC Route 87), providing easy connectivity to Raleigh, Durham, Fayetteville, and Greensboro. The asking price for the real estate is $700,000; the business is also for sale, separately priced at $1,050,000. The sale requires the purchase of both the real estate and the business. This offering presents a unique blend of established income and significant growth potential in a thriving area with a projected increase in population. The property's multi-tenant setup and diverse uses offer flexibility and strong return potential. The combined square footage of 10,500 SF is priced at $66.67 per square foot.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1984
    Total area 5,600 SF
    Lot 0.29 ac (12,798 SF)
    APN 9643-70-1497-00
    UPID US53-2743186
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Jones Printing Co Inc (Bike/Boat/Book/etc) Store Printing Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    H L S T L L C · 8 yrs held
    H L S T L L C
    since 2017
    3 recorded transactions
    2017
    2007
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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