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0 NC 87 Hwy - 0 NC 87 Hwy 2.22 Acres of Commercial Land Offered at $2,200,000 in Sanford, NC 27330

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INVESTMENT HIGHLIGHTS

  • 2.22 acres subdividable
  • Ideal location

EXECUTIVE SUMMARY

The property is strategically located along the Business 421 corridor in Sanford, NC. This location provides quick and easy access to Hwy 421 leading to Lillington, NC and Hwy 87 to Fayetteville and I-95. The 421 bypass around Sanford provides a four-lane, divided highway route to US 1 towards Raleigh-Durham. The property is very close to the active retail market in Sanford which includes numerous restaurants and large retailers. Recent NCDOT maps show future I-685 leading extremely close to the subject site.

PROPERTY FACTS

Price $2,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 2.22 AC
Zoning C-2 - Commercial

1 LOT AVAILABLE

Lot

Price $2,200,000
Price Per AC $990,990.99
Lot Size 2.22 AC

Exceptionally well-positioned land ideal for retail development. The rear acreage in this parcel currently has plans for a hotel development. Located diagonally across from the Walmart Supercenter along a strong retail corridor. 22,500 vpd traffic.

DESCRIPTION

Exceptionally well-positioned land ideal for retail development in Sanford, NC. The rear acreage in this parcel currently has plans for a hotel development. The site is located diagonally across from the Walmart Supercenter along a strong retail corridor. The site has a current traffic count of approximately 22,500 cars per day. Recent NCDOT maps show future I-685 leading extremely close to the subject site.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 9661-25-5133-00
  • 9661-25-4353-00
Land Assessment
$1,015,400
Improvements Assessment
$0
Total Assessment
$1,015,400
  • Listing ID: 29860647

  • Date on Market: 10/23/2023

  • Last Updated:

  • Address: 0 NC 87 Hwy, Sanford, NC 27330

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