Property profile

1204 S Fifth St Mebane, NC 27302

FOR SALE
Commercial land
Property ID
US53-1898879
2,810 SF 1.19 ac lot Built 1914
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

The property consists of two commercial land parcels in Mebane, North Carolina, located approximately 5 minutes from downtown, with access to Interstate 40/Interstate 85 and the new 119 extension and frontage immediately off the interchange area. Parcel 1 at 0 S Fifth Street covers 1.19 acres and is zoned B-2, which allows a range of general business uses. Parcel 2 at 0 Foust Street covers 0.42 acres and is zoned O&I.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1914
Total area 2,810 SF
Lot 1.19 ac (51,836 SF)
Zoning code R 20
APN 163798
UPID US53-1898879

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1204 S Fifth St Mebane, NC 27302
Mebane metro Census 21205 BURLINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2023
Last sale
$360,000
3 recorded transactions
2023
Price N/A
2022
$360,000
2019
Price N/A

Zoning & alternative use

R 20 · Mebane, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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