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    FOR LEASE
    Warehouses

    2613 Lee Ave, Sanford, NC 27332

    85,504 SF 3.2 ac lot Built 1950
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US53-2859072
    Property summary
    AI-generated overview

    This exceptional 91,366-square-foot industrial property, located at 2613 Lee Ave in Sanford, North Carolina, presents a unique investment opportunity. The single-story building, constructed in 1950, features four available suites ranging from 7,000 to 31,366 square feet, ideal for manufacturing, warehousing, distribution, or storage operations. The property boasts 5 loading docks and 3 drive-in doors, ensuring efficient handling of goods. With 20-foot high ceilings and ample parking, this facility offers significant operational advantages. Its strategic location in downtown Sanford provides easy access to major transportation arteries, including proximity to US-1/501 S (4 miles), I-87 (2 miles), and Hwy 421 (2 miles). Furthermore, the property benefits from its close proximity—just 2.5 miles—to a freight railway station, offering convenient rail transportation options. Currently, the entire 91,366 square feet is vacant, providing immediate occupancy for a single tenant or the opportunity to lease to multiple tenants. This prime industrial space in Sanford, NC, offers a compelling combination of size, functionality, and location. The zip code is 27332.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1950
    Total area 85,504 SF
    Lot 3.2 ac (139,392 SF)
    Zoning code LIGHT INDUSTRIAL
    APN 9652-50-3418-00
    UPID US53-2859072
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    2613 Lee Avenue LLC
    2613 Lee Avenue LLC
    since 2026
    Last sale
    $5.1M
    5 recorded transactions
    2026
    $5.1M
    2023
    $2.2M
    2023
    $2.7M
    2008
    1969
    Zoning & alternative use
    LIGHT INDUSTRIAL · Sanford, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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