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    OFF-MARKET
    Turn key restaurants

    812 Horner Blvd, Sanford, NC 27330-3520

    2,387 SF 0.52 ac lot Built 1945
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US53-0636679
    Property summary
    AI-generated overview

    This exceptional 2,000 square foot single-tenant office building, located in Lee County's Sanford submarket at 812 S Horner Blvd, presents a rare opportunity. Completely renovated in 2024, this property boasts a prime corner lot location offering unparalleled visibility and high traffic volume. Its strategic placement directly across from Bojangles and Alpaca Restaurant ensures significant foot and vehicle traffic exposure. The 0.56-acre lot provides ample space and potential for future expansion. The building's versatile design makes it suitable for a wide range of businesses, including but not limited to urgent care facilities, dental practices, coffee shops, car dealerships, or traditional office spaces. Its proximity to downtown Sanford and major retailers on Hawkins Avenue provides easy access to a large customer base and a thriving commercial environment. The property is classified as Retail, Office, and Special Purpose, reflecting its adaptability and potential for diverse uses. This is an ideal investment for entrepreneurs and businesses seeking a high-profile location with excellent visibility and convenient access to key amenities and thoroughfares. The building's recent renovation ensures modern functionality and aesthetics, minimizing upfront capital expenditure.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1945
    Total area 2,387 SF
    Lot 0.52 ac (22,699 SF)
    APN 9643-33-7498-00
    UPID US53-0636679
    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
    Current use
    Occupant on record · Public records
    • La Terrazita Restaurant
    • Elite Auto Sales of Sanford Car Dealership
    • Circle K Grocery & Convenience Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    3808 South Wilmington LLC · 3 yrs held
    3808 South Wilmington LLC
    since 2023
    5 recorded transactions
    2023
    $400,000
    2014
    2011
    $85,000
    2011
    $77,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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