Property profile

810 King St Sanford, NC 27330

OFF-MARKET
Warehouses
Property ID
US53-2479579
20,000 SF 0.26 ac lot Built 1958
Entity Owned 3-yr Hold ~ Est. High Equity
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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

Location

810 King St Sanford, NC 27330-4126
Sanford metro Census 30300 SANFORD, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

since 2023
5 recorded transactions
2023
Price N/A
2022
$350,000
2018
Price N/A
2009
$171,000
2007
$76,000

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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