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    Property profile & analytics

    212 Steele St Sanford, NC 27330-4236

    • Strip malls
    • 1,340 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $185,000
    Last Sale
    Apr 11, 2025
    $194,500
    Location Intelligence
    Property ID
    US53-2599501
    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

    • Hasty Insurance - A Relation Company / Insurance Company / Life Insurance Agency
    • Liberty Tax / Tax Preparation / Tax Consultant
    • IRUS, LLC / Technical Service

    Property Details for 212 Steele St

    Year built
    1923
    Lot size
    0.03 lot acres
    Property size
    1,340 SF
    Zone code
    CENTRAL BUSINESS DISTRICT
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    9642-69-9372-00
    APU
    964269937200

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $185,000

    • CAP approach

      CAP return
      Estimation
      6%
      $170,000
      6.5%
      $190,000
      7%
      $195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $200,000
      Geo Method
      $160,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $180,000
      Retail
      $185,000
      Mixed-Use
      $155,000
      Hospitality
      $200,000
      Educational
      $210,000
      Residential Income
      $160,000
      Energy
      $160,000
      Income-Based Land
      $205,000
      Food Service
      $165,000

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Lee
    State
    North Carolina
    Longitude
    -79.1781
    Latitude
    35.4791
    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
    $975
    $7,500
    $67,800
    $75,300
    -
    $7,500
    $67,800
    $75,300

    Comparable in this City

    • Value Estimation by Request
      13,650 SF

      2231 Jefferson Davis Hwy, Unit 2239

      SHOPPING CENTER, STRIP CENTER • 13,650 SF
      2231 Jefferson Davis Hwy, Sanford, NC 27330-8973
      View Details
    • Value Estimation by Request
      1,340 SF

      225 Wicker St

      SHOPPING CENTER, STRIP CENTER • 1,340 SF
      225 Wicker St, Sanford, NC 27330-4253
      View Details
    • Value Estimation by Request
      2,916 SF

      224 Wicker St

      SHOPPING CENTER, STRIP CENTER • 2,916 SF
      224 Wicker St, Sanford, NC 27330-4254
      View Details
    • Value Estimation by Request
      20,840 SF

      413 Wicker St

      SHOPPING CENTER, STRIP CENTER • 20,840 SF
      413 Wicker St, Sanford, NC 27330-4257
      View Details
    • Value Estimation by Request
      2,790 SF

      808-810 Woodland Ave, Unit 810

      SHOPPING CENTER, STRIP CENTER • 2,790 SF
      808-810 Woodland Ave, Sanford, NC 27330-5357
      View Details
    • Value Estimation by Request
      1,928 SF

      148 Steele St

      SHOPPING CENTER, STRIP CENTER • 1,928 SF
      148 Steele St, Sanford, NC 27330-4234
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      1 SF

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      Prime Retail Land, Multiple Spaces Available
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    • $10 SF/Yr
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      Downtown Sanford Retail Space

      Historic building, 7,612 sq ft available
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      View Details
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      Retail Pad in Growing Area

      Retail pad available for lease in rapidly growing Tramway area.
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      Land for Lease in Sanford

      Prime land for lease with high visibility and easy access.
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    • $6 SF/Yr
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      Sanford Industrial Space For Lease

      Industrial spaces for lease with downtown Sanford access.
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      Sanford Flex Industrial Building Available

      25,754 SF flex industrial building for lease in Sanford, NC.
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    212 Steele St
    Sanford, NC 27330-4236
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    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
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