Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Rosemont
MLS Listing ID 10076514
HOA Y/N No
Annual Tax Amount $130
Acres 0.29
Lot Dimensions 84 x 151
Property Sub-Type Unimproved Land
Source Doorify MLS
Property Description
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
Location
State NC
County Lee
Community Rosemont
Area 0.29
Zoning R-12
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Garage No
Building
Water Public
New Construction No
Schools
Elementary Schools Lee - B T Bullock
Middle Schools Lee - West Lee
High Schools Lee - Lee
Others
Senior Community No
Tax ID 964341445100
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "