3 Spring Forest Dr Mebane, NC 27302
This exceptional 1.83-acre commercial land parcel presents a prime opportunity for development. Boasting unparalleled visibility from I-85/40, this property benefits from its strategic location within a thriving mixed-use development. The surrounding area is anchored by established businesses including a Holiday Inn Express, Hampton Inn, Cracker Barrel, Ruby Tuesday's, Smithfield's, and Deerfield Commons Shopping Center, ensuring high traffic and strong consumer presence. The site features all underground utilities, simplifying infrastructure development and reducing upfront costs. This location offers significant potential for a variety of commercial ventures, capitalizing on the high visibility and established commercial environment. The property's size and accessibility make it ideal for a range of uses, from retail and restaurants to office space and other commercial developments. This is a rare opportunity to acquire a highly visible and well-located commercial lot in a rapidly growing area. Don't miss out on this chance to establish your business in a prime location with excellent access and strong surrounding businesses. The property is priced at $425,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.