9231 Nc-87 Pittsboro, NC 27312
This exceptional 5.63-acre agricultural property in Chatham County, North Carolina, presents a unique opportunity for investors and developers alike. Located at 9231 NC Highway 87 in Pittsboro (zip code 27312), this level, wooded parcel offers convenient road frontage, providing easy access and visibility. The land is ready for development, with a 5-bedroom perc permit already on file, eliminating a significant hurdle in the building process. There's no time limit imposed on construction, allowing for flexible planning and development timelines. The property's tranquil setting offers a peaceful retreat while its strategic location provides easy access to several key areas. Nearby attractions include the University of North Carolina at Chapel Hill, Research Triangle Park (RTP), Chatham Park, and the town of Pittsboro itself. This combination of natural beauty, convenient location, and buildable status makes this 5.63-acre tract an attractive investment opportunity with significant potential for future growth and development. The asking price for this remarkable property is $250,000. Don't miss this chance to acquire a piece of desirable Chatham County land.
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
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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.