Property Details

Property Highlights

HIGHLIGHTS
With over 1,000’ of frontage and two access points off the main commercial corridor in the market, Otter Creek’s 10.2 acres provide developers and retailers a great location in a rapidly growing market south of the Raleigh metro area. 5 potential outparcels, a big box opportunity, and utilities servicing the site make Otter Creek ready for development.

MARKET OVERVIEW

• 10,000+ residential units proposed and approved in Sanford/Lee County
• 1,500+ homes under construction right now
• Major employers include Moen, Pfizer, Coty, Tyson, Caterpillar, Bharat Forge, Astellas, and more
• Proximity to Triangle, Raleigh Corporate Airport are driving corporate and residential growth
• As a hub within the “Carolina Core” along future I-685, Sanford is well positioned for continued expansion

DEVELOPMENT INFORMATION

• Zoning: Highway Commercial and R-20/MH
• Utilities: W/S Available at the site with capacity
• Access: Two access points including a Full movement and R-in, R-out available onto Highway 87
• Subdivision: 10+ acre site available in flexible outpads
• Ideal Uses: Ideal for retail, commercial, medical office, hospitality, and multifamily