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23875587
23875586

NC 87, Sanford, NC 27330

HS
NC 271207
Lee & Associates - Raleigh Durham
Lee & Associates - Raleigh Durham
Listed by Lee & Associates - Raleigh Durham
Unpriced
835 days on market
Updated 8 days ago

NC 87 Multifamily/Townhome Land

Details
APN 9660-58-2607-00, 9660-57-4827-00
Property Type Land
Sub Type Residential, Multifamily (+1)
Units 746
Acreage 48.000
Zoning NC 87 Mixed Use Conditional Zoning District
Parking Spaces 1,036 spaces

Land | 48 acres

Marketing description

Exceptionally well positioned opportunity ideal for multifamily and townhome development in Sanford. Strategically positioned across from several active projects, which include two residential subdivisions totaling 1,260 units. Diagonal to the site sits South Park Village, which is a multifamily subdivision that was built in 2016 and includes 408 units. Surrounding the development is Carolina Trace Country Club, with two 18-hole golf courses designed by famed golf course architect Robert Trent Jones, Sr.

The property consists of 51 acres of land and is conveniently located off NC Hwy 87. This location provides quick and easy access to Hwy 421 leading to Lillington, NC and Hwy 87 to Fayetteville and I-95. The US Hwy 421 bypass around Sanford provides a four-lane, divided highway route to US 1 towards Raleigh-Durham. Recent maps show future I-685 aligned with the subject site. Situated along a strong retail corridor, this site has the advantage of being in proximity of various national retailers and numerous restaurants.

Investment highlights

  • ±51.12 Acres

  • Pin #s: 9660-58-2607-00, 9660-57-4827-00

  • Zoning: Nc 87 Mixed Use Conditional Zoning District

  • Multifamily Units: ±672 Du Total

  • Townhome Units: ±74 Du Total

  • Traffic Counts: 35,000 vpd

Listing Contacts

HS
NC 271207
Lee & Associates - Raleigh Durham
Lee & Associates - Raleigh Durham
Listed by Lee & Associates - Raleigh Durham

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