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$ 1,300,000
Est. payment /mo
Active
97 Deep River RD Sanford, NC 27330
5.8 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 765579
HOA Y/N No
Lot Size 5.800 Acres
Acres 5.8
Property Sub-Type Other
Property Description
This offering includes two parcels totaling approximately 5.8 acres, strategically located at the intersection of Highway 15-501 (providing access to Pittsboro and Sanford) and Deep River Road, at the entrance to Central Carolina Enterprise Park. The property is also in close proximity to the new Helix Innovation Park at the Brickyard, making it well-positioned for future growth and development.
Existing apartment units on the property generate approximately $45,000 in annual net income, providing immediate cash flow while future development plans are pursued. Property is not being sold as a income producing property; being sold for land value.
Public sewer service is located approximately one-third of a mile from the property. A portion of the floodplain may extend into the northeast corner of the site.
With excellent visibility and accessibility, this property offers strong potential for retail, convenience store, or other commercial development, subject to rezoning.
Existing apartment units on the property generate approximately $45,000 in annual net income, providing immediate cash flow while future development plans are pursued. Property is not being sold as a income producing property; being sold for land value.
Public sewer service is located approximately one-third of a mile from the property. A portion of the floodplain may extend into the northeast corner of the site.
With excellent visibility and accessibility, this property offers strong potential for retail, convenience store, or other commercial development, subject to rezoning.
Location
State NC
County Lee
Interior
Fireplace No
Exterior
Water Access Desc Other
Building
Lot Description 5-10 Acres, Partially Cleared, Wooded
Sewer Other
Water Other
Others
Tax ID 9645-36-2776-00
Ownership More than a year
Special Listing Condition None
Listed by ADCOCK REAL ESTATE SERVICES