812 Horner BlvdSanford, NC 27330

Property Details for 812 Horner Blvd

Year built

1945

Lot size

0.52 AC

Property size (Sq ft)

2,387 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

9643-33-7498-00

APU

964333749800

Description

This exceptional 2,000 square foot single-tenant office building, located in Lee County's Sanford submarket at 812 S Horner Blvd, presents a rare opportunity. Completely renovated in 2024, this property boasts a prime corner lot location offering unparalleled visibility and high traffic volume. Its strategic placement directly across from Bojangles and Alpaca Restaurant ensures significant foot and vehicle traffic exposure. The 0.56-acre lot provides ample space and potential for future expansion. The building's versatile design makes it suitable for a wide range of businesses, including but not limited to urgent care facilities, dental practices, coffee shops, car dealerships, or traditional office spaces. Its proximity to downtown Sanford and major retailers on Hawkins Avenue provides easy access to a large customer base and a thriving commercial environment. The property is classified as Retail, Office, and Special Purpose, reflecting its adaptability and potential for diverse uses. This is an ideal investment for entrepreneurs and businesses seeking a high-profile location with excellent visibility and convenient access to key amenities and thoroughfares. The building's recent renovation ensures modern functionality and aesthetics, minimizing upfront capital expenditure.

• CAP approach

  CAP return

  Valuation

  6%

  $908,120

  6.5%

  $838,265

  7%

  $778,389

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,374,544

  Geo Method

  $1,380,738

• Alternative Use

  Use

  Valuation

  Residential

  $707,108

  Hospitality

  $647,707

  Educational

  $538,884

  Medical

  $557,418

  Retail

  $838,265

Location Insight

City

Sanford

County

Lee

State

North Carolina

Latitude

35.4905

Longitude

-79.1888

CBSA code

41820

CBSA name

SANFORD, NC MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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