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Property profile & analytics
OFF-MARKET
Land

0 Lowes Dr Pittsboro, NC 27312

0.69 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.69-acre commercial land parcel is ideally situated in Pittsboro, North Carolina, at 0 Lowes Drive, zip code 27312. Zoned C-2, this property presents a unique investment opportunity due to its strategic location near the intersection of Highways 15-501 and 64, offering high visibility and accessibility. The site is directly off the main road leading into downtown Pittsboro and enjoys adjacency to a major retail center and proximity to the large Powell Place residential and mixed-use development. A significant 140-acre residential development site is located directly behind the property. Furthermore, the property benefits from its close proximity to the thriving Chatham Park master development, a 7,120-acre project encompassing 20,000 residential units and 2,000,000 square feet of corporate space. Within a half-mile radius, the successful Penguin Place retail center, featuring nationally recognized tenants, and the Mosaic mixed-use development (including retail, multi-family, office, and hospitality) are further testament to the area's robust growth. Nearby retail establishments include BB&T, Exxon, Lowe's Home Improvement, Taco Bell, McDonald's, and Citgo. The property's location offers easy access to Chapel Hill (15 minutes), Cary (20 minutes), and Apex (20 minutes), making it an attractive proposition for a wide range of commercial ventures. The asking price for this exceptional property is $650,000.

Property profile
Verified
Property type Land
Lot 0.69 ac (30,056 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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