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    Moons Chapel Rd Siler City, NC 27344

    Sponsored
    For Sale
    Contact for pricing

    Prime Chatham County development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 96.6-acre property in Siler City, NC, presents a compelling investment opportunity. Located in Chatham County, near Moons Chapel Road and just 1,500 feet from US Highway 64 (experiencing 9,900 vehicles per day), this land offers immediate access to Siler City and surrounding areas. Currently zoned Agricultural Residential (A-R), it allows for by-right development of single-family homes on minimum 40,000 sq ft lots (approximately 1.08 units per acre). A rezoning would be required for higher density or non-residential uses. The property's strategic location is a key advantage, situated only three miles south of the future Wolfspeed semiconductor manufacturing facility, a $5 billion project anticipated to employ over 1,800 workers by 2024, with an average wage of $77,753. This proximity to a major employer, coupled with the existing zoning, creates a strong foundation for residential development. The Town of Siler City's Future Land Use plan designates this site as Rural Residential, further supporting its potential for residential growth. The property's size and location make it an attractive prospect for developers seeking to capitalize on the burgeoning growth in the Siler City area. This is a rare opportunity to acquire a significant land parcel in a rapidly developing region with excellent access to major transportation routes and a robust employment base.

    Property Features for 0 Moons Chapel Rd

    General Information

    Property type
    Farms
    Lot Size
    4,207,896 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Siler City
    County
    Chatham
    State
    North Carolina
    Longitude
    -79.5422025
    Latitude
    35.7226628

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    FAQs

    What type of property is this?
    Farm - Prime Chatham County development opportunity.
    Where is this farm located?
    The property is located at Moons Chapel Rd Siler City, NC.
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    Moons Chapel Rd Siler City, NC 27344
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    Siler City, NC 27344
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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
    Moons Chapel Rd Siler City, NC 27344
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