Investment opportunity to acquire a 50% ownership interest in approximately 95± acres positioned within the Sanford growth corridor along Hwy 421. The property is situated within a strong growth corridor with excellent access and visibility near major transportation routes. According to the Sanford/Lee County comprehensive plan, the property is designated Suburban Neighborhood, supporting future residential development with public water and sewer available in the area.
This offering represents an opportunity for an investor or development partner to acquire a 50% ownership interest in a well-positioned tract directly in the path of growth. The property is located near expanding residential development and employment centers, making it well suited for future residential or mixed-use development as the market continues to expand south of Sanford.
Buyer would acquire a 50% ownership interest alongside an existing partner. Additional details regarding ownership structure available upon request.
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Presented By: Coldwell Banker HPW;
Interior Features for 0 Colon Road
Other Interior Features
Above Grade Finished Area Unit TypeSquare Feet
Below Grade Finished Area Unit TypeSquare Feet
General for 0 Colon Road
Building Area UnitsSquare Feet
CitySanford
CountyLee
DirectionsFrom Raleigh, take US-1 South toward Sanford for approximately 35-40 miles, then take the exit for US-421 (Horner Blvd) and turn right onto US-421 South. Continue approximately 3-4 miles and turn right onto Colon Road. Property is located near the intersection of Colon Road and Hwy 421 on both sides of the road. From Siler City, take US-421 South toward Sanford for approximately 20-25 miles, then turn left onto Colon Road; property is located immediately off Hwy 421.
Elementary SchoolLee - Broadway
HOANo
High SchoolLee - Southern Lee High
Living Area UnitsSquare Feet
Lot Size Square Feet4138200
Lot Size UnitsAcres
Middle/Junior High SchoolLee - West Lee
Property SubtypeUnimproved Land
Property TypeLand
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameNot in a Subdivision
Tax Annual Amount212
UtilitiesSewer Available, Water Available
ZoningR 20/ RR
Exterior for 0 Colon Road
Lot Dimensions4130 x 356 x 53100 x 31 x 1360
Lot Size Acres95
Lot Size Area95
Road Frontage TypeCity Street, Highway, State Road, 2 Lane Road, 4 Lane Road, Public Road
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