NC 87

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NC 87

Sanford, NC 27330
Asking Price
Contact for price
Asset Type
Land
Class
Class B

What's Special

This prime land parcel is situated along the NC 87 corridor in Sanford, North Carolina. The surrounding neighborhood is characterized by a mix of established industrial facilities, logistics hubs, and expanding residential pockets. The location benefits from direct highway frontage, providing efficient regional connectivity to US-1 and US-421, linking the site directly to Raleigh, Fayetteville, and the Research Triangle Park. Local amenities include various retail centers and support services within a five-mile radius, catering to the growing workforce in Lee County. The property is suited for industrial, flex-space, or commercial development. Potential use cases include warehouse distribution centers, outdoor storage, or light manufacturing facilities designed to leverage the area’s logistical advantages. The typical tenant profile includes mid-to-large-scale logistics providers, regional contractors, or manufacturing firms seeking a strategic footprint in North Carolina’s industrial heartland. The site’s topography and proximity to major transit arteries make it a functional choice for businesses requiring high visibility and heavy-vehicle accessibility.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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