2909 Jefferson Davis Hwy, Sanford, NC 27332-7113
This exceptional light industrial property, located at 2909 Jefferson Davis Highway in Sanford, North Carolina, presents a compelling investment opportunity. The property encompasses a total of 9,207 square feet situated on a one-acre lot, conveniently located on US 1. The property consists of two interconnected warehouses. The first warehouse offers a blend of office and warehouse space, totaling 6,079 square feet, and includes two restrooms. The second warehouse provides 3,128 square feet of open warehouse space, a single restroom, and a convenient loading dock. Built in 1977, this property benefits from three-phase power, a significant advantage for many industrial operations. The property utilizes a septic tank system and is connected to public water. The permitted zoning is light industrial, offering flexibility for a variety of uses. This well-maintained property is ready for immediate occupancy and presents a strong return on investment. The property's strategic location and functional layout make it an ideal choice for businesses seeking efficient and versatile warehouse space in a thriving area. The asking price is $1,800,000.
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
HIGHWAY COMMERCIAL · 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.