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    Top Chord Way New Hill, NC 27562

    • Land
    • 114.29 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Top Chord Way

    Lot size
    114.29 lot acres
    Property type
    Land

    Description

    This exceptional 114.29-acre site presents a significant industrial development opportunity in Chatham County, North Carolina. Strategically located at the US-1 and Pea Ridge Road interchange, this property boasts high visibility and convenient access to major transportation arteries. The land encompasses a mix of existing zoning designations, including approximately 84.84 acres of Light Industrial zoning, 18.22 acres of Neighborhood Business zoning, and an additional 22.95 acres currently zoned Residential, with rezoning to Light Industrial pending. Initial conceptual plans envision the development of approximately 690,000 square feet of warehouse/distribution space and an additional 18,675 square feet of commercial/flex space. The property's proximity to key infrastructure, including the US-1 corridor (29,500 vehicles per day), I-540, and RDU Airport (within a 31-mile radius), further enhances its appeal. Its location within Chatham County's Eastern Employment Node, near Triangle Innovation Point and the future VinFast electric vehicle manufacturing plant, positions it for substantial growth. Planned NCDOT improvements to the US-1/Pea Ridge Road interchange will further support large-scale industrial development in the area. This site offers a rare opportunity to capitalize on the robust industrial market growth in the Raleigh-Durham area and the surrounding region, characterized by low vacancy rates and a significant demand for large-scale industrial spaces. The property's strategic location and zoning flexibility make it ideal for a variety of industrial uses.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Hill
    County
    Chatham
    State
    North Carolina
    Longitude
    -79.0443
    Latitude
    35.6342

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    Top Chord Way
    New Hill, NC 27562
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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