Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1140 Carthage St Sanford, NC 27330-4161

    • Medical offices
    • 10,972 SF
    • 0.87 lot acres
    OFF-MARKET
    Value Estimation
    $2,795,000
    Last Sale
    Oct 21, 2021
    $2,675,000
    Location Intelligence
    Property ID
    US53-2779983
    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

    • Central Carolina Women's Health Center / Medical Center / Obstetrician-Gynecologist
    • Jones Lisa L / Obstetrician-Gynecologist
    • Steven H. Berliner, MD / Obstetrician-Gynecologist
    • Dr. Ann L. Poe, MD / Doctor
    • Lakeesha Murphy-Spencer MSN, CNM, RNC-OB / Midwife

    Property Details for 1140 Carthage St

    Year built
    1990
    Lot size
    0.87 lot acres
    Property size
    10,972 SF
    Zone code
    OFFICE & INSTITUTIONAL
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    9642-35-6522-00
    APU
    964235652200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,875,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,860,000
      6.5%
      $2,890,000
      7%
      $2,825,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,255,000
      Geo Method
      $2,865,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,760,000
      Retail
      $2,805,000
      Mixed-Use
      $2,185,000
      Hospitality
      $2,570,000
      Educational
      $2,615,000
      Residential Income
      $2,520,000
      Energy
      $2,415,000
      Income-Based Land
      $2,755,000
      Food Service
      $2,465,000

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Lee
    State
    North Carolina
    Longitude
    -79.1893
    Latitude
    35.4686
    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
    2022
    $0.00
    $136,400
    $1,884,000
    $2,020,400
    -
    $136,400
    $1,884,000
    $2,020,400

    Comparable in this City

    • Value Estimation by Request
      5,858 SF

      112 Dennis Dr

      MEDICAL BUILDING • 5,858 SF
      112 Dennis Dr, Sanford, NC 27330-6343
      View Details
    • Value Estimation by Request
      5,596 SF

      1401 Greenway Ct

      MEDICAL BUILDING • 5,596 SF
      1401 Greenway Ct, Sanford, NC 27330-6954
      View Details
    • Value Estimation by Request
      3,418 SF

      1233 Carthage St

      MEDICAL BUILDING • 3,418 SF
      1233 Carthage St, Sanford, NC 27330-8984
      View Details
    • Value Estimation by Request
      9,953 SF

      1301-1305 Central Dr, Unit 1305

      MEDICAL BUILDING • 9,953 SF
      1301-1305 Central Dr, Sanford, NC 27330-4159
      View Details
    • Value Estimation by Request
      5,506 SF

      1832 Doctors Dr

      MEDICAL BUILDING • 5,506 SF
      1832 Doctors Dr, Sanford, NC 27330-5000
      View Details
    • Value Estimation by Request
      7,640 SF

      2412 Wilkins Dr

      MEDICAL BUILDING • 7,640 SF
      2412 Wilkins Dr, Sanford, NC 27330-7268
      View Details

    Similar Nearby for Sale

    • $900,000
      0.29 Acres

      Downtown Sanford Commercial Property Available

      Commercial property in downtown Sanford with great exposure and versatility.
      409 Carthage St, Sanford, NC 27330
      View Details
    • $549,000
      0.31 Acres

      Prime Sanford Office Building

      High-traffic location, 13 offices, updated.
      822 Horner Blvd, Sanford, NC 27330
      View Details
    • $296,000

      Land Near Central Carolina Hospital

      1.494 acres of land suitable for office development.
      4 Central Dr, Sanford, NC 27330
      View Details
    • $1,200,000
      17,816 SF

      Downtown Sanford Historic Gem

      Mixed-use building, 17,816 sq ft
      128 Carthage St, Sanford, NC 27330
      View Details
    • $1,200,000
      17 SF

      Historic Downtown Sanford Mixed-Use Building

      Historic mixed-use building in Downtown Sanford with retail and office/apartment potential.
      128 Carthage St, Sanford, NC 27330
      View Details
    • $195,000
      2.07 Acres

      Prime Sanford Land - 2 Acres

      Build your dream project! 2.07 acres near hospital.
      0 Central Dr, Sanford, NC 27330
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,000 SF

      Sanford Medical Office Building

      8,000 SF Medical Office Available
      1219 Carthage St, Sanford, NC 27330
      View Details
    • Contact for pricing
      1 SF

      Sanford Retail Land Opportunity

      Prime Retail Land, Multiple Spaces Available
      0 Colon Rd & Us Hwy 1, Sanford, NC 27330
      View Details
    • Contact for pricing
      24 SF

      Land for Lease in Sanford

      Prime land for lease with high visibility and easy access.
      1 Colon Rd & Us Hwy, Sanford, NC 27330
      View Details
    • $6 SF/Yr
      135,580 SF

      Sanford Industrial Space For Lease

      Industrial spaces for lease with downtown Sanford access.
      633 Chatham St, Sanford, NC 27330
      View Details
    • $7 SF/Yr
      25,754 SF

      Sanford Flex Industrial Building Available

      25,754 SF flex industrial building for lease in Sanford, NC.
      2907 Lee Ave, Sanford, NC 27330
      View Details
    • $9 SF/Yr
      16,000 SF

      Sanford Warehouse with Fenced Storage

      16,000 SF warehouse with outside storage available Q4 2025.
      3307 Lee Ave, Sanford, NC 27330
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1140 Carthage St
    Sanford, NC 27330-4161
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.