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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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0 N Gulf Street , Sanford, NC 27330
$337,500
Est. Payment: $1,728.84/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 519
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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Terri Bias
Operator/Brokerage Owner

House Description

Approved 4-Unit Townhome Development - Shovel Ready w/ Architectural Plans Rare opportunity to acquire a fully approved, shovel-ready townhome project in the growing Sanford market. This offering includes two contiguous parcels totaling ±0.55 acres with approved plans and front elevation renderings for four (4) townhomes with garages. The proposed design features a thoughtful, historically inspired architectural style that aligns with the character of the surrounding area--an increasingly important factor for buyer appeal and long-term value. Elevations and plans are available, allowing a builder to move quickly from closing to construction. The site is flat, cleared, and utilities are available, minimizing upfront development costs and eliminating much of the typical entitlement timeline and risk. Located just off N. Gulf Street near downtown Sanford, this property is ideally positioned to benefit from ongoing growth and demand for quality attached housing. Highlights: Approved for 4 townhomes (garage units) Architectural plans + front elevation rendering included ±0.55 acres (2 parcels) Flat, cleared site Utilities available Infill location near downtown Sanford Reduced entitlement risk → faster path to vertical construction Builder/Investor Opportunity: With approvals and design already in place, this project offers a streamlined path to development--ideal for builders seeking efficient deployment of capital in a growing market. Suitable for build-to-sell or build-to-rent strategies. 2nd Lot 10 Not listed also priced: $337,500, total both lots: $675,000

Highlights

Listed by Carrie Guerreiro , 919-539-3894 Hearthstring Realty INC. , 919-539-3894. Triangle MLS, Inc. of North Carolina mls logo

Property Type

Vacant Land

Lot/Acreage
0.29

County

Lee

Neighborhood

Rosemont

Listing ID

10076514

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot Dimensions:84 x 151
Zoning:R-12
Sewer:Unknown
Principal Interest
$1,729
Taxes
$11

Home Price

$337,500

Loan Details

30 yrs
6.625%

Down Payment

20%
$67,500
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Monthly Price:
$1,728.84

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,728.84 $10.86 $0.00 $1,739.70
Yearly $20,746.08 $130.35 $0.00 $20,876.43
Total $622,382.25 $3,910.50 $0.00 $626,292.75

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Sanford, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information Not Guaranteed.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
©2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 2026-08-24T13:40:36.000Z

© 2026 Triangle MLS, Inc. of North Carolina

MLS Logo - Triangle MLS, Inc. of North Carolina