111 Bank St Sanford, NC 27332-9721
- Car washes
- 3,696 SF
- 1.47 lot acres
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
-
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