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    Lowes Dr & Chapel Hl Rd Pittsboro, NC 27312

    Sponsored
    For Lease
    Contact for pricing

    1.5 Acres, Single Tenant Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.5-acre commercial land parcel presents a unique investment opportunity in the thriving town of Pittsboro, North Carolina. Located at the intersection of Lowes Drive and Chapel Hill Road, this strategically positioned property offers unparalleled visibility and accessibility. The single-tenant potential allows for maximum flexibility in development, catering to a wide range of commercial uses. With its expansive 1.5-acre lot size, there's ample space for construction of a new building or expansion of an existing operation. The property's location in Chatham County, North Carolina, provides access to a growing population and robust local economy. The zip code is 27312. This prime commercial land is ready for immediate development, making it an ideal investment for those seeking a high-return opportunity in a desirable location. The property is classified as commercial land for single-tenant occupancy. No existing buildings are present on the site. Its convenient location offers excellent visibility and accessibility for businesses seeking a strong presence in the Pittsboro market. The property's size and location make it suitable for a variety of commercial ventures, from retail to office space, or light industrial uses. This is a rare opportunity to acquire a significant commercial land parcel in a rapidly developing area. Serious inquiries are encouraged.

    Property Features for 0 Lowes Dr & Chapel Hl Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • Prime opportunity in a rapidly growing Pittsboro market with limited retail/outparcel availability.
    • Ideally located adjacent to the 8,500‑acre Chatham Park master‑planned community.
    • 1.5‑acre outparcel at a lighted intersection, directly adjacent to Lowe's Home Improvement.
    • Strong retail synergy with nearby Lowe's, Taco Bell, McDonald's, Lowes Foods, and O'Reilly's.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pittsboro
    County
    Chatham
    State
    North Carolina
    Longitude
    -79.167492
    Latitude
    35.7448982

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    Nearby Similar for Lease

    • $4,700 /Mo
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      Versatile Commercial Space in Pittsboro

      Flexible commercial space in downtown Pittsboro, suitable for various businesses.
      121 Thompson St, Pittsboro, NC 27312
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      Retail/Office Space in Mosaic

      Second-generation retail/office and restaurant spaces with great visibility.
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      Retail Spaces in Mosaic Community

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      Retail Center in Chatham Park

      Multi-tenant retail center with immediate availability in Pittsboro, NC.
      114 Russet Run, Pittsboro, NC 27312
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      126,036 SF

      MOSAIC Office Space: Pittsboro, NC

      Modern Office Suites in Thriving Chatham Park
      0 Mosaic Blvd, Pittsboro, NC 27312
      View Details
    • $19 SF/Yr
      46,440 SF

      Chatham Commons Retail Space Available

      Prime Chatham County retail space for lease.
      630 East St, Pittsboro, NC 27312
      View Details
    • Contact for pricing
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      Penguin Place

      Neighborhood centers • 14,000 SF
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    FAQs

    What type of property is this?
    Land - 1.5 Acres, Single Tenant Potential
    Where is this land located?
    The property is located at Lowes Dr & Chapel Hl Rd Pittsboro, NC.
    What are key features of this property?
    This property features: Prime opportunity in a rapidly growing Pittsboro market with limited retail/outparcel availability.; Ideally located adjacent to the 8,500-acre Chatham Park master-planned community.; 1.5-acre outparcel at a lighted intersection, directly adjacent to Lowe's Home Improvement.
    Request Owner's contact information
    Lowes Dr & Chapel Hl Rd Pittsboro, NC 27312
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    Pittsboro, NC 27312
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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
    Lowes Dr & Chapel Hl Rd Pittsboro, NC 27312
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