Industrial- Zoned Development
For Sale
Contact for pricing
516 Industrial Park Drive, Pittsboro, NC 27312
Heavy industrial (M-2) land previously entitled for a mixed-use project, served by municipal water.
Property SizeContact for details
Days on Market122
Property Features for 516 Industrial Park Drive
General Information
Standard status
Active
Property subtype
Land
Zoning
M-2
Additional Details
Highway Access
Yes
Listing Agency:
Foundry Commercial Raleigh
(919) 576-2680
Listed By:
Karl Hudson IV · License #NC 249294
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 12:52PM
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 commercial land parcel is zoned M-2 (Heavy Industrial) and is served by municipal water. The property was previously entitled for a mixed-use development plan with potential to include up to two million square feet of commercial land, along with more than 300 residential units.
The site is located on Industrial Park Drive just off Highway 64, near East Street, and is described as minutes from the intersection of US 15-501 and US Highway 64. It is adjacent to the 7,000-acre future master planned development known as Chatham Park, including a proposed new interchange system intended to improve access to and from the land.
The listing includes prior entitlements and the stated development scale, with the current zoning supporting industrial use under an M-2 designation within the Town of Pittsboro.
The site is located on Industrial Park Drive just off Highway 64, near East Street, and is described as minutes from the intersection of US 15-501 and US Highway 64. It is adjacent to the 7,000-acre future master planned development known as Chatham Park, including a proposed new interchange system intended to improve access to and from the land.
The listing includes prior entitlements and the stated development scale, with the current zoning supporting industrial use under an M-2 designation within the Town of Pittsboro.
Key Highlights
- Industrial Park Dr land just off Hwy 64 and East St, minutes from the US 15‑501 and US Hwy 64 intersection
- Previously entitled for a mixed‑use development with potential for up to 2,000,000 SF of commercial land
- Mixed‑use concept includes retail, office, multifamily, and hotels, with potential for more than 300 residential units
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
255
Businesses Nearby
Explore this area
Business Placement
Demographics for 27312, NC
21,572
Population
10,613
Households
2
Avg Household Size
51
Median Age
53%
College-Educated
95%
High-School Grad
170.9 sq mi
ZIP Area
126
Density / Sq Mi
$100,505
Median Household Income
$53,166
Median Earnings
$933
Median Rent
$423,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial land - Heavy industrial (M-2) land previously entitled for a mixed-use project, served by municipal water.
Where is this industrial land located?
The property is located at 516 Industrial Park Drive Pittsboro, NC.
What are key features of this property?
This property features: Industrial Park Dr land just off Hwy 64 and East St, minutes from the US 15‑501 and US Hwy 64 intersection; Previously entitled for a mixed‑use development with potential for up to 2,000,000 SF of commercial land; Mixed‑use concept includes retail, office, multifamily, and hotels, with potential for more than 300 residential units
