Sanford, NC 27330
$1,300,000
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.
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Listed by STEVEN M MALLOY, ADCOCK REAL ESTATE SERVICES
APEX NEIGHBOURHOODS
CHAPEL HILL NEIGHBORHOODS
DURHAM NEIGHBORHOODS
HILLSBOROUGH NEIGHBORHOODS
MORRISVILLE NEIGHBORHOODS
CHATHAM COUNTY
BURLINGTON
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