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    OFF-MARKET
    Commercial real estate

    Falcon Ln, Mebane, NC 27302

    1.23 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.23-acre lot, located at 0 Falcon Lane in Mebane, North Carolina, presents a unique opportunity for commercial development. Currently zoned for a use other than commercial, the property is subject to rezoning to accommodate commercial ventures. The lot has already undergone a division process, resulting in two separate parcels, offering flexibility for buyers. The seller is open to selling either the entire 1.23-acre parcel or just one of the subdivided lots, catering to various project scales and needs. A significant advantage is the readily available city water and sewer infrastructure already situated at the lot's edge, eliminating the need for costly utility extensions. The land itself is notably flat and level, significantly simplifying construction and site preparation. Furthermore, environmental assessments have confirmed the lot's clean status, ensuring a smooth and efficient development process. This property's combination of convenient location, readily available utilities, and build-ready condition makes it an ideal investment for entrepreneurs and developers seeking a prime location in Mebane, NC. The flat terrain and pre-existing infrastructure significantly reduce upfront development costs, making this an attractive opportunity for a variety of commercial projects. The flexibility offered by the subdivided lots allows for tailored development plans, accommodating both smaller and larger-scale ventures. This is a rare opportunity to acquire a well-situated, prepared commercial lot in a growing area. The price for this exceptional property is $319,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.23 ac (53,579 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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