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87 S NC Hwy 51.12 Acres of Commercial Land in Sanford, NC 27332

Commercial Land Properties North Carolina Sanford 87 S NC Hwy, Sanford, NC 27332

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EXECUTIVE SUMMARY

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 nearly 50 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.

ATTACHMENTS

Sanford-NC 87-51 ac multifamily

PROPERTY FACTS

Sale Type Investment Property Subtype Commercial
No. Lots 1 Proposed Use
Retail
  • Multifamily
  • Master Planned Community
Property Type Land Total Lot Size 51.12 AC
Zoning MX - Mixed Use
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Multifamily
  • Master Planned Community
Total Lot Size 51.12 AC
Zoning MX - Mixed Use

1 LOT AVAILABLE

Lot

Lot Size 51.12 AC
Lot Size 51.12 AC

Exceptionally, well-positioned opportunity, ideal for multifamily and townhome development in Sanford.

DESCRIPTION

Development Summary COMMERCIAL OUTPARCEL ±2.2 ACRES MULTIFAMILY UNITS ±672 DU Total Phase 1 ±368 DU Buildings: 11 Buildings Total Type 1 Bldg (32 DU) 1 Building Type 2 Bldg (32 DU) 8 Buildings Type 5 Bldg (40 DU) 2 Buildings Phase 2 ±304 DU Buildings: 9 Buildings Total Type 1 Bldg (32 DU) 1 Building Type 2 Bldg (32 DU) 6 Buildings Type 5 Bldg (40 DU) 2 Buildings PARKING ±1,036 SPACES PARKING RATIO ±1.54 SP/DU TOWNHOMES ±74 DU Total INTERIOR LOTS 22’ X 115’ END LOTS 26’ X 115’

1 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 9660-47-7929-00
  • 9660-48-6384-00
  • 9660-57-4827-00
 Improvements Assessment $0 CAD
Land Assessment $2,351,149 CAD Total Assessment $2,351,149 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • 9660-47-7929-00
  • 9660-48-6384-00
  • 9660-57-4827-00
Land Assessment
$2,351,149 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,351,149 CAD
(919) 576-2500

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 36217500

  • Date on Market: 2025-06-11

  • Last Updated:

  • Address: 87 S NC Hwy, Sanford, NC 27332

The Land Property at 87 S NC Hwy, Sanford, NC 27332 is currently available for Sale. Contact Lee & Associates for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

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Sanford-NC 87-51 ac multifamily
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87 S NC Hwy
(919) 576-2500 x

87 S NC Hwy

Hunter Stewart
(919) 576-2500

Russell Stewart
(919) 909-9779

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