1295 Old Us Hwy 1, Southern Pines, NC 28387

$1,135,000
Property Type: Comm Sale or Lease Lot Size (sq. ft.): 42,253 Status: Closed
Current Price: $1,135,000 List Date: 7/15/2013 Last Modified: 12/03/2025

Description

Excellent investment opportunity now available in Southern Pines -- 1295 Old US Hwy 1 is being offered at a great CAP rate. Full financials are available for qualified buyers. Property consists of 8 office tenants and 6 storage units, totaling over 14,000sqft of rentable space and has been very well maintained. Sampling of tenants includes insurance company, software developers, staffing agency, chiropractor and military contractor.

More Information MLS# 154775

Building/Ext Features

# of Parking Spaces: 0 # of Restrooms: 0 # of Units: 0 Lot Acres: 0.97 Lot SqFt: 0 SqFt - Apx Total: 0 SqFt - Total Available: 0 SqFt - Office: 0 SqFt - Retail/Display: 0 SqFt - Warehouse: 0

Contract Info

List Price/SqFt: 0 Status: Closed Marketing Start Date: 2013-06-30 Listing Price: 1280000 Current Price: $1,135,000

Location Information

Marketing City: Southern Pines Street #: 1295 Street Name: Old Us Hwy 1 County: Moore State/Province: NC Zip Code: 28387 Geo Lat: 35.164918 Geo Lon: -79.406513

Remarks and Showing

Sign on Property: No Directions to Property: On Old US Hwy 1, near Bill Smith Ford Lincoln dealership.

Building Info

New Construction: No

Legal and Taxes

Tax Assessed Value: 0 Total City Real Estate Property Tax: 3468.71 Deed Book: 3223 Deed Page: 186 Legal: LRK00051120 PID: 51120 Total Real Estate Property Taxes: 0 Tax Year: 2012 Year Built: 1999

Lease Info

Lease Rate: 0 Deposit: 0

Business Type

Professional/Office: 1 Warehouse: 1

HOA

Association Fee 1/Year: 0

Foundation

Slab: 1

Status Change Info

Under Contract Date: 2016-05-10 Sold Price: $1,135,000 Sold Date: 2016-06-16

Property Features

Business Type: Professional/Office; Warehouse Foundation: Slab
Listing Office: Kuester Real Estate Services
IDX
Last Updated: December - 03 - 2025
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