Lower River Rd

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Lower River Rd

Sanford, NC 27330
Asking Price
$4.10M
Asset Type
Land
Class
Class B

What's Special

Located on Lower River Road in Sanford, North Carolina, this land parcel is situated within a developing industrial and commercial corridor in Lee County. The property offers proximity to major regional transit routes, including US-1 and NC-87, facilitating access to the Research Triangle Park and Fayetteville markets. Nearby amenities include established manufacturing facilities, local retail centers, and professional service hubs. The surrounding neighborhood is characterized by a mix of heavy industrial operations and large-scale agricultural tracts, supported by existing utility infrastructure appropriate for commercial growth. The site is suited for industrial development, logistics operations, or outdoor storage facilities. Ideal use cases include the construction of warehouse distribution centers or fleet maintenance yards that require significant acreage and highway accessibility. Typical occupants for this location include regional logistics providers, construction contractors, or manufacturing firms seeking to capitalize on Sanford's central positioning between major North Carolina metropolitan areas. The flat topography and zoning profile support high-intensity commercial utility.

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NOI
$80,000
Cap Rate
1.95%
DSCR
0.33
Underwater
Cash-on-Cash
-13.29%
Monthly Payment
$20,284.563
Annual Cash Flow
$-163,414.756

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