Property profile

822 Horner Blvd Sanford, NC 27330

OFF-MARKET
Retail space
Property ID
US53-2723546
3,646 SF 0.32 ac lot Built 1963
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This meticulously maintained 3600 square foot office building presents a fantastic opportunity for businesses seeking a high-visibility location in Sanford, NC. Situated on US Highway 421 (Horner Boulevard), this property boasts excellent road frontage and high traffic counts, ensuring maximum exposure for your business. The building features 13 individual offices, perfect for a variety of business configurations, along with a conference room ideal for meetings and presentations. Two bathrooms, one equipped with a shower, and a newly updated kitchen with fresh cabinets, counters, sink, and faucet provide ample amenities for staff and clients. The entire interior has been freshly painted, creating a modern and inviting atmosphere. The 0.31-acre lot offers ample asphalt parking and two advertising signs, providing additional opportunities for branding and visibility. Its proximity to popular retail destinations and major highways ensures easy access for employees and customers alike. This turnkey office building is ready for immediate occupancy and represents an exceptional investment opportunity in a thriving commercial area.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1963
Total area 3,646 SF
Lot 0.32 ac (14,000 SF)
APN 9642-86-9203-00
UPID US53-2723546

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
  • Real Estate Agency
  • Loan Service Bank
  • Social Service Agency Charitable Organization

Location

822 Horner Blvd Sanford, NC 27330-5310
Sanford metro Census 30300 SANFORD, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$555k
CAP Approach CAP
$665k
Comparable Approach Comparable
$318k
Blend (final) Blend
$550k

Owner & transaction history

since 2023
Last sale
$500,000
7 recorded transactions
2023
$500,000
2023
Price N/A
2021
$275,000
2008
Price N/A
2006
$290,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $395,000 +46.1%

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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