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Prime Industrial Development Opportunity
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1150 Pea Ridge Rd, New Hill, NC 27562

Large industrial park site near US-1 interchange in Chatham County.

Property Size709,275 SF
Lot Size114.29 Acres
Days on Market149

Property Features for 1150 Pea Ridge Rd

General Information

Standard status Active
Size 709,275 SF
Lot size 114.29 Acres
Property subtype Land
Zoning Light Industrial; Neighborhood Business
Listing Agency: Foundry Commercial Raleigh
Listed By: Sarah Godwin · License #270966
Source: Crexi
Added: Mar 26 Changed: Aug 21 Last Checked: Aug 21 at 11:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Foundry Commercial Raleigh

Investment Insights

Based on property information with market context.

This ±114.29-acre industrial development opportunity, known as Top Chord Industrial Park, is located at the US-1 and Pea Ridge Road interchange in Chatham County, NC. The property is zoned for light industrial (±107.79 acres) and neighborhood business district (±6.50 acres). Situated adjacent to the high-growth US-1 interchange with 33,500 vehicles per day, it is also in close proximity to Triangle Innovation Point (TIP). Envisioned for various development opportunities, including warehouse, distribution, or flex spaces, initial concept plans suggest approximately 690,000 square feet of warehouse/distribution space and an additional 18,675 square feet of commercial/flex space. The property is located 3 minutes from the future Vinfast facility, 9 minutes from I-540, 10 minutes from Sanford, 28 minutes from RTP, and 30 minutes from RDU International Airport. TIP West, located 0.50 miles south, delivered a 340,000 square foot FedEx facility in late 2Q 2023. The North Carolina Department of Transportation (NCDOT) is in the initial planning phase of major roadway improvements for the US-1/Pea Ridge interchange to accommodate future growth. Chatham County has identified selective areas, including this site, as future employment centers to support large industrial developments. The property is situated within the easternmost industrial node identified by Chatham County, offering visibility and access to the Raleigh-Durham, Pittsboro, and Sanford areas.

Key Highlights

  • Large ±114.29‑acre industrial development opportunity in an Opportunity Zone.
  • Located at the US‑1 and Pea Ridge Road interchange with high traffic volume (33,500 VPD) and planned roadway improvements.
  • Proximity to VinFast (3 minutes), I‑540 (9 minutes), and Triangle Innovation Point (TIP) West (0.5 miles).

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick HVAC Service Auto Repair Shop Big Box & Wholesale Store Veterinary Clinic Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby

Demographics for 27562, NC

3,800
Population
1,678
Households
2.3
Avg Household Size
39
Median Age
62%
College-Educated
97%
High-School Grad
54.2 sq mi
ZIP Area
70
Density / Sq Mi
$168,804
Median Household Income
$86,328
Median Earnings
$590,100
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Large industrial park site near US-1 interchange in Chatham County.
Where is this industrial land located?
The property is located at 1150 Pea Ridge Rd New Hill, NC.
What are key features of this property?
This property features: Large ±114.29‑acre industrial development opportunity in an Opportunity Zone.; Located at the US‑1 and Pea Ridge Road interchange with high traffic volume (33,500 VPD) and planned roadway improvements.; Proximity to VinFast (3 minutes), I‑540 (9 minutes), and Triangle Innovation Point (TIP) West (0.5 miles).
(919) 309-5819 Call to check price and availability
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