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Property profile & analytics

111 Bank St Sanford, NC 27332-9721

  • Car washes
  • 3,696 SF
  • 1.47 lot acres
OFF-MARKET
Value Estimation
$590,000
Last Sale
Apr 20, 2023
$530,000
Location Intelligence
Property ID
US53-2791439
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.

Current Use by Public Records

  • JT Auto Center / Used Car Dealer / Car Detailing Service

Property Details for 111 Bank St

Year built
2004
Lot size
1.47 lot acres
Property size
3,696 SF
Property type
Car washes
APN
9652-71-2110-00
APU
965271211000

Description

This exceptional 4,500-square-foot retail space is ideally situated at 111 Bank Street in Sanford, North Carolina, within Lee County. Currently vacant and ready for immediate occupancy, this single-tenant property presents a unique opportunity for businesses seeking a prominent location. The building's total square footage is 4,500 square feet, offering ample space for a variety of retail ventures. Its convenient location in Sanford provides excellent visibility and accessibility for customers. The property is classified as commercial retail and is perfect for a business seeking a standalone presence. The address is 111 Bank Street, Sanford, NC 27332, with GPS coordinates of 35.4565019 latitude and -79.1437188 longitude. This is a single-tenant space, eliminating the complexities of multi-tenant management. The property is available for lease, offering a blank canvas for a business to establish its brand and presence in a thriving community. The building's size and layout provide flexibility for customization to meet specific business needs. This is an excellent opportunity to secure a high-visibility retail location in a desirable area of Sanford. Serious inquiries are encouraged to explore this exceptional retail space.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $575,000
  • CAP approach

    CAP return
    Estimation
    6%
    $655,000
    6.5%
    $615,000
    7%
    $655,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $590,000
    Geo Method
    $615,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $670,000
    Retail
    $635,000
    Mixed-Use
    $685,000
    Hospitality
    $650,000
    Educational
    $630,000
    Residential Income
    $560,000
    Energy
    $570,000
    Income-Based Land
    $605,000
    Food Service
    $680,000

Location Insight

  • Map
  • Local Demand
City
Sanford
County
Lee
State
North Carolina
Longitude
-79.1437
Latitude
35.4565
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
$7,341
$384,200
$235,300
$619,500
-
$384,200
$235,300
$619,500
More about this property
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