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Property profile & analytics
OFF-MARKET Estimated value $3,070,000
Grocery and convenience stores

2903 Horner Blvd Sanford, NC 27332-9756

19,416 SF 2.63 ac lot Built 2017
Entity Owned 7-yr Hold Free & Clear
Property ID
US53-4845893
Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2017
Total area 19,416 SF
Lot 2.63 ac (114,563 SF)
Zoning code C-2
APN 9652-90-1333-00
UPID US53-4845893
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
Current use
Occupant on record · Public records
  • ALDI Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.54M
Comparable Approach Comparable
$3.13M
Blend (final) Blend
$3.07M
Owner & transaction history
ALDI LLC
ALDI LLC
Zoning & alternative use
C-2 · Sanford, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-2 General Commercial District CBD Central Business District LI Light Industrial District HI Heavy Industrial District PUD Planned Unit Development District TND Traditional Neighborhood Development District 4.2.3 OVERLAY DISTRICTS. In accordance with the authority provided by NCGS § 160D-703, the County of Lee hereby establishes the following overlay distri…

Zone name General Commercial District
General category COMMERCIAL
Zone area 969.70 ac
Top alternative use upside
Commercial (general) $2.1M +14.8%
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