2907 Lee Ave, Sanford, NC 27332-6207
This exceptional 25,754-square-foot industrial warehouse, situated on a generous 4.46-acre lot in Sanford, North Carolina, presents a compelling investment opportunity. The single-tenant building boasts a 14-foot ceiling height, providing ample vertical space for storage or manufacturing operations. The property features one loading dock and one drive-in door, ensuring efficient loading and unloading. Power is supplied by an 800 AMP, 3-phase system, capable of supporting a range of industrial needs. Recently upgraded, the warehouse includes new dock doors and improved lighting, along with a functional office area. The property is zoned LI (Light Industrial), making it suitable for a variety of uses. Its strategic location on Lee Avenue offers convenient access to major transportation arteries, including Highway 421 (leading to Lillington), Highway 87 (connecting to Fayetteville and I-95), and the 421 bypass, providing a smooth route to US 1 and the Raleigh-Durham area. The property's proximity to Sanford's vibrant retail sector, with its numerous restaurants and large retailers, adds to its appeal. This warehouse is ideally positioned for businesses seeking efficient operations and convenient access to key transportation networks and local amenities. The entire 25,754 square feet is currently vacant, offering immediate occupancy for the new owner. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving market.
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.