Property profile

3308 Lee Ave Sanford, NC 27332

OFF-MARKET
Industrial properties
Property ID
US53-2592783
30,000 SF 3.31 ac lot Built 1973
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1973
Total area 30,000 SF
Lot 3.31 ac (144,184 SF)
Zoning code LIGHT INDUSTRIAL
APN 9651-85-1592-00
UPID US53-2592783

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

3308 Lee Ave Sanford, NC 27332-8495
Sanford metro Census 30402 SANFORD, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.90M
Blend (final) Blend
$640k

Owner & transaction history

since 2019
4 recorded transactions
2019
$650,000
2012
$575,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LIGHT INDUSTRIAL · Sanford, NC
Top alternative use upside
Neighborhood: shopping center $2.0M +5.8%
Auto repair, garage $2.0M +4.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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