Current Use by Public Records
- Land
Property Details for 0 Old Us 1 Hwy
- Lot size
- 43.50 lot acres
- Property type
- Land
Description
This exceptional 43.5-acre property in Chatham County, North Carolina, presents a unique investment opportunity. Situated on Old US Highway 1 in Moncure, this R-1 zoned land boasts approximately 980 feet of road frontage, providing convenient access to downtown Moncure via George Ray Road and Post Office Road. The property is strategically located near US Highway 1, Pittsboro Moncure Road, and Pea Ridge Road, offering excellent connectivity. Its proximity to the planned VinFast electric vehicle site further enhances its potential. The land consists of a single tract bisected by a CSX rail line. Chatham County's Future Use Plan designates this area for medium-density residential development. Existing infrastructure includes a 6-inch water line along Old US Highway 1 and George Ray Road, with additional water access from Post Office Road. This versatile property is ideal for large home sites, capitalizing on the area's significant growth and proximity to Research Triangle Park, I-540, Apex, Sanford, and Pittsboro. Priced at $6,750 per acre, this is a compelling opportunity in a thriving county. The property's flexible zoning and strategic location make it suitable for a variety of residential development projects.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Hill
- County
- Chatham
- State
- North Carolina
- Longitude
- -79.0749
- Latitude
- 35.6231
