Price: $950,000
Address: 000 US 1 South Jefferson Davis Hwy
Lot: 11.4 Acres
Type: Commercial
City: Sanford
Status: FOR SALE

Comments: APPROXIMATELY 11.4 ACRES WITH 182 FEET ROAD FRONTAGE ON HWY US 1 SOUTH IN THE TRAMWAY AREA OF SOUTHWEST SANFORD. ANNEXED INTO CITY LIMITS. CITY WATER AND SEWER ON PROPERTY. NATURAL GAS IS ACCESSIBLE AT FRONTAGE AND FROM SHOPPING CENTER ADJACENT. ON HIGHWAY US 1 SOUTH ADJACENT TO FOOD LION SHOPPING CENTER (TRAMWAY CROSSING) CAPITOL BANK..MULTI SHOP STRIP CENTER, BETWEEN HARBOUR CARWASH AND FUEL MATE CONVENIENCE STORE/GAS/DIESEL TRUCK REFUEL AND FIRST BANK BRANCH. HEAVY COMMERCIAL AREA. ALL 11.4 ACRES FOR SALE FOR $950,000. SOME OF REAR RIGHT BORDER HAS LAND PARTIALLY IN FLOODPLAIN. COMMERCIAL CENTER NEXT DOOR HAS ADDITIONAL REAR ACREAGE THAT ABUTS SUBJECT LAND, AS WELL AS PART OF CURRENT CENTER. LOCATED BETWEEN FUEL MATE AND CAR WASH/SHOPPING CENTER. MAIN ARTERY BETWEEN CARY/RALEIGH/CHAPEL HILL TO PINEHURST/SOUTHERN PINES. TRAFFIC COUNT APPROX 27-30,000 AT FRONTAGE, MORE TO SIDE. ZONED R-20, BUT ALMOST ALL AROUND ON BOTH SIDES OF THIS MAJOR HWY CORRIDOR IS COMMERCIALLY ZONED. REZONING TO A COMMERCIAL USE WOULD CONFORM BETTER TO SURRROUNDINGS & SHOULD NOT BE A PROBLEM IF SO DESIRED. HOTEL/APRTMNTS POTENTIAL. HIGH DENSITY RESIDENTIAL NEARBY & NEW PROJECTS COMING. NEAR YEAR AROUND ELEMENTARY SCHOOL.

Listed by Bill McDonald
Phone: (919) 774-4774
Fax: (910) 401-1061
Email: billmcdonald@cresnc.com