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    2920 Lee Ave Sanford, NC 27332-6208
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    Property profile & analytics

    2920 Lee Ave Sanford, NC 27332-6208


    • Auto shops
    • 6,000 SF
    • 1.89 lot acres
    Industrial Investment with Laydown Yard For Sale
    $2,621,350
    9,690 SF

    Industrial Investment with Laydown Yard

    Flex/warehouse investment property with a new 10-year lease.

    2920 Lee Ave, Sanford, NC 27332
    View Listing
    Property ID
    US53-2503554
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • His Amazing Grace / Charitable Organization / Social Service Agency
    • Joe's garage of Sanford / Auto Repair Shop

    Property Details for 2920 Lee Ave

    Year built
    1973
    Lot size
    1.89 lot acres
    Property size
    6,000 SF
    Property type
    Auto shops
    APN
    9651-68-7716-00
    APU
    965168771600

    Description

    This exceptional 9,000-square-foot industrial property, situated on a 1.9-acre lot, presents a unique investment opportunity. The property features two separate warehouse buildings totaling 9,000 square feet. Warehouse 1 boasts 4,000 square feet with six convenient drive-in doors, while Warehouse 2 offers 3,000 square feet and four drive-in doors. A significant advantage is the inclusion of approximately one acre of secure lay-down yard space, ideal for equipment storage or material staging. The property also includes a turnkey office and showroom area, enhancing its versatility. Built in 1973, the property is zoned C-2, allowing for a wide range of commercial uses. The property's location on Lee Avenue benefits from high visibility and significant traffic, with a daily vehicle count of 6,800. The Assessor's Parcel Number (APN) is 9651-68-7716-00. Tenancy is single. The lease rate is $18.00 per square foot, NNN, with a TICAM of $1.75 per square foot. This property offers a compelling combination of space, functionality, and location, making it an ideal choice for a variety of businesses. Ten drive-in doors provide excellent access and efficiency.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Lee
    State
    North Carolina
    Longitude
    -79.1454
    Latitude
    35.4501
    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
    $0.00
    $164,700
    $217,100
    $381,800
    -
    $164,700
    $217,100
    $381,800
    View Listing
    More about this property
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