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Property profile & analytics
OFF-MARKET
Land

5969 Us-15 Pittsboro, NC 27312

2.16 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.16-acre commercial lot presents a remarkable investment opportunity in the thriving town of Pittsboro, North Carolina. Situated at the highly visible corner of US-15-501 N and Hamlet's Chapel Road, this property boasts ample road frontage, ensuring maximum exposure for any commercial venture. The lot is partially cleared, simplifying development and reducing initial site preparation costs. Zoned for commercial use, this land is perfectly suited for a wide range of businesses. Its strategic location offers unparalleled access to a rapidly growing community, positioned advantageously between the established Chatham Park and Briar Chapel developments, with the prestigious Fearrington Village just a short 2.5-mile drive away. The asking price is $800,000. Note that this lot is being sold with an adjacent lot (address 5941 US 15-501 N), resulting in a combined total of 3 acres, providing even greater development potential. This combined acreage presents a unique opportunity for businesses seeking significant space or developers envisioning a larger-scale project. The property's address is 5969 US-15, Pittsboro, NC 27312, in Chatham County.

Property profile
Verified
Property type Land
Lot 2.16 ac (94,090 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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