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    OFF-MARKET
    Warehouses

    810 King St, Sanford, NC 27330-4126

    20,000 SF 0.26 ac lot Built 1958
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US53-2479579
    Property summary
    AI-generated overview

    This exceptional 20,000-square-foot warehouse, located at 810 King Street in Sanford, North Carolina, presents a compelling investment or owner-user opportunity. The property boasts a 10,000-square-foot ground floor and an additional 10,000 square feet on the second level, offering versatile space adaptable to a range of commercial uses. Completely renovated in 2024, the building features three climate-controlled offices, a convenient kitchenette, and enhanced loading capabilities with a 15x15 dock cover and canopy, complemented by a 7x7 garage door. The property sits on a 0.27-acre lot and is zoned C2, allowing for diverse business applications. Its strategic location within Sanford's thriving commercial area ensures excellent accessibility and visibility. This property is further enhanced by the availability of an adjacent 0.94-acre vacant lot for purchase, providing potential for expansion or future development. The building was constructed in 1958 and features one building with two stories. The asking price is $650,000, translating to $65 per square foot. The Lee County property has APN 964247544800. One loading dock and one dock-high door are included.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1958
    Total area 20,000 SF
    Lot 0.26 ac (11,156 SF)
    APN 9642-47-5448-00
    UPID US53-2479579
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Sanford Rental LLC · 3 yrs held
    Sanford Rental LLC
    since 2023
    5 recorded transactions
    2023
    2022
    $350,000
    2018
    2009
    $171,000
    2007
    $76,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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