97 Deep River Road, Sanford, NC 27330

$1,300,000

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List Price
$1,300,000
Price Change
▲ $1,299,999 1783471709
MLS#
765579
Status
ACTIVE
County
Lee
City
Sanford
Subdivision
Not In Subdivision
Acres
5.80
Property Subtype
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.

Additional Information

Days on Market
21

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Calculator source: Real Geeks

Listing courtesy of ADCOCK REAL ESTATE SERVICES.