Acreage Available for Development

Cumnock Rd Sanford, NC 27330

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FOR SALE
Property Type:
Other Land
Amount:
$6,966,000
Last Verified:
Apr 13, 2017


128 acres for sale. Great location for convenience store with gas station, hotel, grocery store, retail center. Near Lee County Industrial Parks and large manufacturing. Located on crossroads of Hwy 421 bypass and Cumnock Rd. Minutes from US 1 and city of Sanford. City water and sewer available. Seller willing to subdivide. Land is cleared
Suitable for multiple development opportunities
Minutes from City of Sanford
Short Drive to Raleigh Executive Jetport
Vehicle Traffic Daily - 26,000
Lot Size: 128.84 acres

Map of Cumnock Rd, Sanford, NC, 27330

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.