5969 Us-15 Pittsboro, NC 27312
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.