For Sale
$6,885,000

3905 Nc-87Sanford, NC 27332

10 Acres, Highway 87 Frontage, Development Ready

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 10.2-acre commercial and residential land parcel presents a significant development opportunity in Sanford, North Carolina. Strategically located on Highway 87, directly across from a Walmart, the property boasts nearly 1,000 feet of frontage and two convenient access points. The R-20/MH zoning allows for a variety of uses, making it ideal for developers and retailers seeking a prime location in a rapidly expanding market. The site is ready for immediate development, featuring five potential outparcel sites, a large area suitable for a big-box store, and existing utilities. This location benefits from the substantial growth in Sanford and Lee County, with over 10,000 residential units planned or approved, and over 1,500 homes currently under construction. The presence of major employers such as Moen, Pfizer, Coty, Tyson, Caterpillar, Bharat Forge, and Astellas fuels this growth, attracting both corporate and residential expansion. Sanford's position within the "Carolina Core" along the proposed I-685 further enhances its long-term potential. The property's APN is 9661-24-7824-00 and 9661-24-8442-00, and it is owned by Otter Creek Properties, LLC. The asking price is $6,885,000. This is a rare opportunity to capitalize on the explosive growth in this thriving area.

Highlights

  • 10.2-acre commercial and residential land parcel in Sanford, NC, with nearly 1,000 feet of highway frontage.
  • R-20/MH zoning allows for diverse development options, including five potential outparcel sites and a large area suitable for a big-box store.
  • Located on Highway 87, directly across from a Walmart, with two access points and existing utilities.
  • Sanford's strong growth includes over 10,000 planned/approved residential units and 1,500+ homes under construction, fueled by major employers like Moen, Pfizer, and others.
  • Prime location within the "Carolina Core" along the proposed I-685, offering significant long-term potential. Asking price: $6,885,000.

Property Details for 3905 Nc-87

Property type
Land
Lot Size (sq. ft)
444,312 SF

Location Insight

City
Sanford
County
Lee
State
North Carolina
Latitude
35.4394215
Longitude
-79.125052
3905 Nc-87, Sanford, North Carolina

FAQs

What type of property is this?
Land - 10 Acres, Highway 87 Frontage, Development Ready
Where is the land located?
The property is located at 3905 Nc-87 Sanford, NC.
What is the asking price?
The asking price for this property is $6,885,000.
What are key features of this property?
This property features: 10.2-acre commercial and residential land parcel in Sanford, NC, with nearly 1,000 feet of highway frontage.; R-20/MH zoning allows for diverse development options, including five potential outparcel sites and a large area suitable for a big-box store.; Located on Highway 87, directly across from a Walmart, with two access points and existing utilities.
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3905 Nc-87
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