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$3,830,000 Just Listed
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Property Description
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. ⸻
Full Property Details
Full Property Details for 0 Colon Rd
General
- Price: $3,830,000
- Taxes: $212
- Status: Active
- Type: Lots/Land
- Source: 2218
- MLS ID: 10153548
- Updated: 3/18/2026
- Added to Site: 3 day(s) ago
Location
- County: Lee
- Subdivision: Not in a Subdivision
- Driving Directions: From 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.
- City Limits: Yes
School Information
- Elementary School: Lee - Broadway
- Middle School: Lee - West Lee
- High School: Lee - Southern Lee High
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Lot Features
- Lot Size (Acres): 95
- Lot Size (Sq. Ft.): 4,138,200
- Lot Dimensions: 4130 x 356 x 53100 x 31 x 1360
- Frontage: City Street, Highway, State Road, 2 Lane Road, 4 Lane Road, Public Road
- Street/Road Desc.: Asphalt
- Zoning: R 20/ RR
Financial Considerations
- Price Per Acre: $40,315.79
- Tax Amount: $212
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 965328443900
Listed by Coldwell Banker HPW, Harrison Tulloss (919) 279-2080
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Price & Sales History for 0 Colon Rd
Date
Details
Price
Change
Source
3/17/2026
Listed
$3,830,000
283%
MLS
8/18/2025
Sold
$1,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 0 Colon Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,405
1%
$188,900
—
2024
$1,398
1%
$188,900
—
2023
$1,379
51%
$188,900
68%
2022
$913
-4%
$112,700
—
2021
$947
-2%
$112,700
—
2020
$964
—
$112,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0 Colon Rd
0 Colon Road, Sanford, NC 27330 (MLS# 10153548) is a Lots/Land property with a lot size of 95 acres. 0 Colon Road is currently listed for $3,830,000 and was received on March 17, 2026. Want to learn more about 0 Colon Road? Do you have questions about finding other Lots/Land real estate for sale in Sanford? You can browse all Sanford real estate or contact a Coldwell Banker agent to request more information.

