3209 N

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

3209 N

Sanford, NC 27332
Asking Price
$2.66M
Asset Type
Retail
Class
Class B

What's Special

Situated at 3209 North Horner Boulevard, this retail property is located along a primary commercial corridor in northern Sanford, North Carolina. The surrounding neighborhood features a mix of established residential subdivisions and light industrial facilities. The site offers direct frontage on Highway 87, providing connectivity to both downtown Sanford and the Raleigh-Durham region via nearby US-1. Local amenities within a three-mile radius include grocery stores, fast-food franchises, and automotive service centers, benefiting from steady daily traffic counts along the main thoroughfare. The property is suited for a variety of commercial applications, including specialty retail, showroom space, or professional service offices. The building’s visibility and accessibility make it a functional choice for tenants requiring high exposure to commuting traffic. Typical occupants for this asset class include regional service providers, hardware suppliers, or boutique retail operators looking to establish a presence in the growing Lee County market. The flexible floor plan accommodates businesses that prioritize a balance of retail frontage and functional workspace.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
3.00%
DSCR
0.51
Underwater
Cash-on-Cash
-9.78%
Monthly Payment
$13,180.414
Annual Cash Flow
$-78,164.971

Location & Travel Times