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    Pittsboro, NC 27312

    Sponsored
    For Sale
    $450,000

    LAND - Pittsboro, NC

    Lot size:
    5.00 Acres
    Days on Market:
    103
    Last Refresh:
    Jan 8 at 10:06 am

    Property Features for

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Partially Wooded
    Zoning
    R-1
    APN
    2944 & 97204
    Lot size
    5.00 Acres

    Utilities

    Sewer type
    Shared Septic, Private Sewer, Septic Tank
    Water source
    Private, Well

    Jordan Lake Land Sales (919) 363-1610 [email protected]

    Listing agent Michael W Hubbard (919) 363-1610

    Listing date Sep 28, 2025

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land with Rental Income Potential

    This property features 5.79 acres and includes three single-wide mobile home rentals situated on two adjacent parcels. The property is zoned R-1. One unit is subject to a lease through September 25, 2025, while the other two operate on a month-to-month rental basis. Two of the mobile homes are located on parcel 2944, while the third is on parcel 97204. The rentals share a water well producing approximately 20 gallons per minute. One unit has its own septic system, while the other two share a conventional septic system. The property's location near Hwy 15/501 suggests potential for future development and market value appreciation. The intersection of E. Cotton Rd and Hamlet Chapel Rd with Hwy 15/501 is expected to become a major intersection. Note that the tax value and tax amounts of parcel 97204 are not currently available from the county tax office because this is a newly created parcel in 2025, after the division of parcel 79924. The assessed value and tax amount for parcel 97204 will be available in 2026. If potential buyers are not interested in mobile home rentals, then, as personal property, they can be sold and easily removed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Pittsboro
    County
    Chatham
    State
    North Carolina
    Longitude
    -79.2325
    Latitude
    35.7517

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    FAQs

    What type of property is this?
    Single family property - 5.79 acres with three mobile home rentals near Hwy 15/501.
    Where is this single family property located?
    The property is located at Pittsboro, NC.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Significant market value appreciation potential due to future development along Hwy 15/501 corridor.; - Boasting 5.79 acres of combined land across two adjoining parcels.; - Three single-wide mobile home rentals providing immediate income potential.
    (919) 363-1610
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    Pittsboro, NC 27312
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Pittsboro, NC 27312
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