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    5 Spring Forest Dr Mebane, NC 27302

    Sponsored
    For Sale
    $600,000

    High-traffic location, prime commercial lot.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 1.06-acre commercial land parcel presents a unique investment opportunity in Mebane, North Carolina. Boasting unparalleled visibility from the heavily trafficked I-85/40 interchange, this property is ideally situated 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 the Deerfield Commons Shopping Center, ensuring high foot traffic and strong consumer presence. This strategic location offers significant potential for a variety of commercial ventures, benefiting from the established infrastructure and consistent customer flow of the surrounding businesses. All underground utilities are in place, simplifying development and reducing upfront costs. The property's prominent location and proximity to major transportation arteries make it an attractive option for businesses seeking maximum exposure and accessibility. This is a rare opportunity to acquire a highly visible and well-located commercial lot in a rapidly growing area. Serious inquiries are encouraged.

    Property Features for 5 Spring Forest Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    46,174 SF

    Building Details

    Year Built
    2023
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mebane
    County
    Alamance
    State
    North Carolina
    Longitude
    -79.29967
    Latitude
    36.06554

    Nearby Comparable

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, prime commercial lot.
    Where is this commercial real estate located?
    The property is located at 5 Spring Forest Dr Mebane, NC.
    What is the asking price?
    The asking price for this property is $600,000.
    (919) 563-4141
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    5 Spring Forest Dr Mebane, NC 27302
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    5 Spring Forest Dr Mebane, NC 27302
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