Property profile

1206 S Fifth St Mebane, NC 27302

FOR SALE
Specialty properties
Property ID
US53-1212140
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Property summary

AI-generated overview

This exceptional 86,684 square foot commercial lot is ideally situated in Mebane, North Carolina, at 1206 S Fifth Street, zip code 27302. Boasting a level, wooded terrain, this property offers unparalleled access to major transportation arteries. Its proximity to the new Highway 119 bypass ensures convenient access to Interstates 85 and 40, reachable within just 2-3 minutes via the Highway 119 intersection or the Mebane Oaks intersection. Previously zoned residential, the lot has been cleared of existing structures to maximize its road frontage, a direct result of the Highway 119 bypass project. This strategic positioning makes it perfectly suited for commercial development. A 2017 NCDOT traffic count recorded 10,000 vehicles, highlighting the high traffic volume in the area. Furthermore, city water is readily available via S 5th Street, and a sewer easement is accessible through Foust Road. This presents a unique opportunity for developers seeking a high-visibility location with excellent infrastructure support. The asking price for this remarkable property is $440,000. Don't miss this chance to acquire a prime commercial parcel in a rapidly growing area.

Property profile

Verified
Property type Specialty properties
UPID US53-1212140

Cap rate & NOI

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

Location

1206 S Fifth St Mebane, NC 27302
Mebane metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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