Property profile

1604 Broadway Rd Sanford, NC 27332

OFF-MARKET
Manufacturing properties
Property ID
US53-2897585
26,943 SF 8.98 ac lot Built 1964
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Manufacturing properties
Use group PROCESSING PLANT (CEMENT, GRAVEL)
Year built 1964
Total area 26,943 SF
Lot 8.98 ac (391,169 SF)
Zoning code LIGHT INDUSTRIAL
APN 9662-82-3058-00
UPID US53-2897585

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1604 Broadway Rd Sanford, NC 27332-9795
Sanford metro Census 30702 SANFORD, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.20M
Comparable Approach Comparable
$2.27M
Blend (final) Blend
$1.63M

Owner & transaction history

since 2017
2 recorded transactions
2017
Price N/A
1969
Price N/A

Zoning & alternative use

LIGHT INDUSTRIAL · Sanford, NC
Top alternative use upside
Retail stores $2.6M +47.9%
Neighborhood: shopping center $1.8M +5.8%
Auto repair, garage $1.8M +4.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1604 Broadway Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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