1611 Hawkins Ave 1611, Sanford, NC 27330-9501
This exceptional 8,686-square-foot Class A industrial property, located at 1611 Hawkins Ave in Sanford, North Carolina, presents a unique opportunity. The single-story, free-standing building boasts a flexible layout ideal for warehouse, distribution, or flex space needs. Built in 1969, the property features an 18-foot ceiling height, three drive-in doors, and ample parking with 110 spaces. The 8.66-acre lot provides significant outdoor storage potential. Zoned for light industrial use, this property benefits from its strategic location, just one mile from the US Hwy 1/15-501 interchange and 1.3 miles from the US Hwy 421 interchange via Burns Drive. Situated in the Hawkins Ave @ US 1 & US 421 submarket cluster, it offers convenient access to major transportation routes and is approximately 30 minutes southwest of Raleigh and just north of downtown Sanford, within Central North Carolina's "Carolina Core" corridor. The entire 8,686 square feet is currently vacant and available for immediate occupancy. The property is divided into four suites, with a minimum divisible space of 2,171 square feet and a maximum contiguous space of 8,686 square feet. This prime location and versatile space make it an attractive option for a variety of businesses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LIGHT INDUSTRIAL · Sanford, NCSanford. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.