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    Old Us 1 Hwy Moncure, NC 27559

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    For Sale
    $293,625

    43.5 acres in Moncure, NC, ideal for investment.

    Property size:
    43 SF
    Lot size:
    43.50 Acres

    Property Features for Old Us 1 Hwy

    General Information

    Size
    43 SF
    Lot size
    43.50 Acres
    Source: Lee-associates

    Listing Agent: Scott Hadley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chatham County Land Opportunity

    This property features approximately 43.5 acres in Chatham County, located on Old US 1 in Moncure, North Carolina. The site straddles both Highway 1 and George Ray Road, accessible from Post Office Road in downtown Moncure. It has approximately 980 feet of road frontage on Old US 1, with access to downtown Moncure via George Ray Road to Post Office Road. The location offers US Highway 1 access at Pittsboro Moncure Road and Pea Ridge Road, situated just south of the planned VinFast electric vehicle site. The property consists of one tract bisected by a CSX Rail Line. Zoned R-1 by Chatham County, the future use plan calls for medium-density residential development. A 6-inch water line is available on Old US 1, and George Ray Road has a water line from Post Office Road. This site is suitable for investing in an area experiencing significant growth, with convenient access to Research Triangle Park. It is an excellent property for large home sites, positioned in the path of future growth and development. The property is in close proximity to the Research Triangle Park, I-540, Apex, Sanford, and Pittsboro. Priced at $6,750 per acre, this flexible property offers numerous potential uses and represents a great opportunity in growing Chatham County.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Moncure
    County
    Chatham
    State
    North Carolina
    Longitude
    -79.007
    Latitude
    35.6119

    Nearby Similar for Sale

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      3,000 SF

      Moncure Automotive Repair Shop

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      30 Lockville Rd, Moncure, NC 27559
      View Details

    FAQs

    What type of property is this?
    Land - 43.5 acres in Moncure, NC, ideal for investment.
    Where is this land located?
    The property is located at Old Us 1 Hwy Moncure, NC.
    What is the asking price?
    The asking price for this property is $293,625.
    What are key features of this property?
    This property features: - Close proximity to the planned VinFast electric vehicle site and Research Triangle Park; - ±43.5 acres of land in a growing area of Chatham County; - Located on Old US 1 with approximately 980’ of road frontage and access to downtown Moncure
    (919) 576-2504
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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
    Old Us 1 Hwy Moncure, NC 27559
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