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0 NC 87 Hwy - 0 NC 87 Hwy 1.12 Acres of Commercial Land Offered at $1,500,000 in Sanford, NC 27332
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 | $1,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Retail |
| No. Lots | 1 | Total Lot Size | 1.12 AC |
| Property Type | Land | ||
| Zoning | C-2 - Commercial | ||
| Price | $1,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 1.12 AC |
| Zoning | C-2 - Commercial |
1 Lot Available
Lot 2
| Price | $1,500,000 | Lot Size | 1.12 AC |
| Price Per AC | $1,339,285.71 |
| Price | $1,500,000 |
| Price Per AC | $1,339,285.71 |
| Lot Size | 1.12 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.
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 9661-25-5133-00 | Improvements Assessment | $0 |
| Land Assessment | $512,300 | Total Assessment | $512,300 |
Property Taxes
Parcel Number
9661-25-5133-00
Land Assessment
$512,300
Improvements Assessment
$0
Total Assessment
$512,300
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