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    128 Carthage St Sanford, NC 27330
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    Property profile & analytics

    128 Carthage St Sanford, NC 27330


    • Strip malls
    • 17,816 SF
    • 0.10 lot acres
    Downtown Sanford Historic Masonic Temple For Sale
    $1,200,000
    17,816 SF

    Downtown Sanford Historic Masonic Temple

    Historic mixed-use building in downtown Sanford with retail and office/apartment potential.

    128 Carthage St, Sanford, NC 27330
    View Listing
    Property ID
    US53-2746016
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 128 Carthage St

    Year built
    1925
    Lot size
    0.10 lot acres
    Property size
    17,816 SF
    Zone code
    CENTRAL BUSINESS DISTRICT
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    9643-60-6063-00
    APU
    964360606300

    Description

    This stunning, 17,816 square foot mixed-use building, located in the heart of downtown Sanford, North Carolina, presents a unique investment opportunity. Originally constructed in 1924 and extensively renovated in 2021, this former Masonic Temple boasts a rich history and captivating architectural details. The building, listed on the National Register of Historic Places since 1984, offers significant potential for historic tax credits. The ground floor and basement currently house retail spaces, while the upper two floors are adaptable for office or apartment use. Notable features include ornate stairwells, an elevated main floor stage, a secret rooftop entrance, and an original coal shoot in the basement. The property's prime location at the intersection of Carthage Street and N. Steele Street provides excellent visibility and accessibility. With a new roof installed in 2021, this building offers a blend of historic charm and modern functionality. The asking price is $1,200,000. The basement space presents an ideal opportunity for a speakeasy-style bar, complementing the building's Prohibition-era history. This is a rare chance to own a piece of Sanford's vibrant past while capitalizing on its promising future.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,150,000
      ML approach
      $950,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,030,000
      Market price range: $743k - $1.85M
      AI Estimate
      $1,011,000
      Market price range: $533k - $1.80M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,210,000
      Current use
      RETAIL STORES
      $1,315,000
      Change: +9% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,190,000
      Change: -1% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $1,140,000
      Change: -5% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,110,000
      Change: -8% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Lee
    State
    North Carolina
    Longitude
    -79.1792
    Latitude
    35.481
    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
    $11,876
    $27,300
    $889,800
    $917,100
    -
    $27,300
    $889,800
    $917,100
    View Listing
    More about this property
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