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    Property profile & analytics
    FOR SALE
    Strip malls

    110 Carthage St, Sanford, NC 27330

    1,760 SF 0.04 ac lot Built 1928
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US53-2888557
    Property summary
    AI-generated overview

    This exceptional retail property, situated at 110 Carthage Street in the vibrant heart of downtown Sanford, North Carolina, presents a compelling investment opportunity. Boasting a 0.38-acre lot, this versatile storefront offers endless possibilities for a variety of commercial uses. Its prime location ensures high visibility and foot traffic, placing it within easy walking distance of numerous shops and restaurants, tapping into the bustling energy of Sanford's downtown area. The property's adaptable layout allows for customization to suit diverse business needs, making it an ideal space for entrepreneurs and established businesses alike. The asking price of $450,000 reflects the significant potential for return on investment offered by this strategically located property. This is a rare chance to acquire a well-positioned retail space in a thriving downtown setting. Don't miss this opportunity to establish your business in a highly desirable and accessible location. Serious inquiries are encouraged. The property's size is not specified in the provided information.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1928
    Total area 1,760 SF
    Lot 0.04 ac (1,655 SF)
    Zoning code CENTRAL BUSINESS DISTRICT
    APN 9643-60-7185-00
    UPID US53-2888557
    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
    • The Sweet Fix Specialty Food Shop Candy Store
    • Portraits by Steven Photography Service (Bike/Boat/Book/etc) Store
    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
    Socks And Sandals LLC · 1 yrs held
    Socks And Sandals LLC
    since 2025
    Last sale
    $378,000
    5 recorded transactions
    2025
    $378,000
    2020
    $130,000
    2014
    $55,000
    2012
    $104,844
    1969
    Zoning & alternative use
    CENTRAL BUSINESS DISTRICT · Sanford, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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