Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Residential Land in Winding Creek Title is generated by Realmo AI

    2952 Forest Creek Lane, Mebane, NC 27302

    View on Map
    Claim this Listing
    For Sale
    $75,000

    LAND - Mebane, NC

    Lot size:
    0.46 Acres
    Added:
    Dec 5, 2024
    Days on Market:
    548
    Last Refresh:
    Jun 6 at 6:06 am

    Property Features for 2952 Forest Creek Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Wooded
    Standard status
    Active
    APN
    177160
    Lot size
    0.46 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    WINDING CREEK SUBD LOT 2
    Tax Annual Amount
    16

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Needed
    Water source
    Public

    We can help!

    Listing Contact
    Brennan Alexander Wyatt

    Listing agent Brennan Alexander Wyatt License #321116

    Listing office Society Real Estate, LLC 4030 Wake Forest Road, Ste. 10, Apex, NC

    Listing date Dec 5, 2024

    MLS# 10066062 Listing URL

    Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Conveniently located 10 minutes from downtown Mebane and I‑40.
    • .46 acre lot (Lot 2) in the new Winding Creek at the Haw subdivision.
    • Approved septic permit in place.
    • Water Available (Public).
    • Opportunity to build a custom dream home.
    • Buyer can make selections during the building process.

    Overview

    This 0.46 acre lot (Lot 2) is located in the Winding Creek at the Haw subdivision, approximately 10 minutes from downtown Mebane and I-40. The property has an approved septic permit. Buyers are required to build with one of the three preferred custom builders in the community and can select from available floor plans or bring a custom plan.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Mebane
    County
    Alamance
    State
    North Carolina
    Longitude
    -79.2671
    Latitude
    36.1105

    Nearby Similar for Sale

    • $475,000
      1,494 SF

      Mebane Commercial Property For Sale

      Commercial property in Mebane, NC, with high visibility and traffic.
      1203 S Fifth Street, Mebane, NC 27302
      View Details
    • $475,000

      Mebane Commercial Lots For Sale

      Two commercial parcels near downtown Mebane and I-40/I-85.
      1204 S Fifth Street, Mebane, NC 27302
      View Details
    • $217,000
      2,136 SF

      Mebane Duplex Investment Opportunity

      Duplex in downtown Mebane, ready for renovation.
      106 -108 S 2nd Street, Mebane, NC 27302
      View Details
    • $2,850,000
      1,652 SF

      Mebane Land I-85/I-40 Frontage

      31.49 acres with I-85/I-40 frontage in a growth market.
      7340 Old Country Lane, Mebane, NC 27302
      View Details
    • $325,000

      Vacant Land in Downtown Mebane

      2.8 acre vacant lot in downtown Mebane.
      1215 S Fifth Street, Mebane, NC 27302
      View Details
    • $5,890,510

      Mebane Land Parcel Assemblage

      Land assemblage suitable for single-family homes with subdivision potential.
      Frazier Road, Mebane, NC 27302
      View Details
    • $800,000

      Mebane Land with High Visibility

      Corner lot with traffic light and high road frontage.
      4105 Old Hillsborough Road, Mebane, NC 27302
      View Details
    • $350,000

      Mebane Land with Private Pond

      17.7-acre property with pond, ideal for recreation or farming.
      6020 Corbett Ridge Road, Mebane, NC 27302
      View Details
    • $440,000

      Prime Land Parcel in Mebane

      Almost 2-acre parcel near Hwy 119 bypass.
      1206 S Fifth Street, Mebane, NC 27302
      View Details
    • $199,500

      Secluded Land Parcel in Mebane, NC

      15.1 acres of wooded land ideal for custom home.
      7275 Atkins Road, Mebane, NC 27302
      View Details
    • $499,900

      Mebane Land with Rezoning Potential

      1.94-acre lot near I-85/40 with rezoning potential.
      1111 S Fifth Street, Mebane, NC 27302
      View Details
    • $199,500

      15 Acres of Wooded Land

      15.1 acres of wooded land in Orange County, North Carolina.
      7275 Atkins Road, Mebane, NC 27302
      View Details

    FAQs

    What type of property is this?
    Land - 0.46 acre lot in Winding Creek subdivision near Mebane.
    Where is this land located?
    The property is located at 2952 Forest Creek Lane Mebane, NC.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: Conveniently located 10 minutes from downtown Mebane and I‑40.; .46 acre lot (Lot 2) in the new Winding Creek at the Haw subdivision.; Approved septic permit in place.
    (336) 380-2487
    We can help!
    Listing Contact
    Brennan Alexander Wyatt
    Real Estate License ID: 321116
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2952 Forest Creek Lane, Mebane, NC 27302
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!