1295 Old Us 1 Highway, Southern Pines, NC 28387 (MLS# 100598048)

1295 Old Us 1 Highway, Southern Pines, NC 28387

$1,920,000

Property Type: Comm Sale or Lease Square Footage: 14,003 Lot Size (sq. ft.): 43,124 Status: Active

Current Price: $1,920,000 List Date: 8/21/2026 Last Modified: 8/21/2026

Overview

Description

Offered for sale, this well-maintained multi-tenant commercial property along Old US 1 Hwy includes three buildings totaling +/- 14,003 SF: a 2,008 SF two-story office at 1275-1285, an 8,985 SF two-story office at 1295, and a 3,010 SF single-story storage building at 1297. The asset is fully leased with primarily NNN leases, providing stable income. Current Cap Rate 7.97%. The site offers 44 parking spaces and is zoned GB (General Business) within an Urban Village Highway Corridor, with portions located in the city limits and the remainder in the ETJ.

Listing Details MLS# 100598048

Contract Info

Delayed Marketing?: No
Marketing Start Date: 2026-08-21
Sub-Type: Improved
Garage: N/A
Sale/Lease: Sale
Listing Price: 1920000
List Price/SqFt: 137.11
Stipulation of Sale: Standard

Location Information

Street #: 1295
Street Name: Old Us 1
Street Suffix: Highway
County: Moore
State/Province: NC
Zip Code: 28387
City Limits: Yes
Marketing City: Southern Pines
Subdivision: Not In Subdivision
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: Taking US 1/N Sandhills Blvd heading north from Aberdeen towards Southern Pines. Keep to the part right toward Southern Pines/Business Dist. Continue 0.1 mile. Property will be located on the right.
Sign on Property: No

Building Info

New Construction: No

BuildingExt Features

SqFt - Heated (Primary): 14003

Legal and Taxes

Tax Assessed Value: 1354900
Deed Book: 5695
Deed Page: 175
Legal: DUNN LOT 1 2 6
Broker Owner: No
PID: 857112855132
Tax Identifier: 00051120
Plat Book: 16
Plat Page: 978
Special Assessments: none
Tax Year: 2026
Year Built: 1966
Zoning: GB
HOA: No
Cobra Zone: No

More Information

Financial Info

Net Operating Income: 153042.38
Cap Rate %: 7.97

Property Features

Business Type: Professional/Office; Commercial Structure Type: Office Parking Features: On Site; Paved Other Structures: Storage Current Use: Commercial; Office Possible Use: Commercial; Office Location: ETJ; Freestanding Heating System Fuel Source: Electric

IDX

Listing Office: Carolina Summit Group, LLC

Last Updated: August - 21 - 2026

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