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Property profile & analytics
OFF-MARKET Estimated value $7,010,000
Outlet malls

1318 Mebane Oaks Rd Mebane, NC 27302-9681

184,419 SF 20.85 ac lot Built 2005
Individually Owned 21-yr Hold Free & Clear
Property ID
US53-1020213
Property summary
AI-generated overview

This exceptional retail investment opportunity presents a 45,390 square foot community center in Mebane, North Carolina. Strategically located less than half a mile from the intersection of I-40 and I-85, this property benefits from high visibility and accessibility, situated on Mebane Oaks Road, a major thoroughfare averaging 26,000 vehicles daily. The center boasts a signalized entrance ensuring convenient access for customers. Currently, the center is anchored by a Walmart Supercenter and features a diverse tenant mix including Dollar Tree, Rent-A-Center, Great Clips, Ciao Pizza, GameStop, Cato, H&R Block, and Sally Beauty Supply. Adjacent outparcels are occupied by Duke Primary Care Mebane and Zaxby's, further enhancing the property's appeal and drawing significant foot traffic. The property includes 265 parking spaces to accommodate shoppers and employees. Built in 2005, the center currently has 1,810 square feet of vacant space, presenting a unique opportunity for expansion or new tenant acquisition. Located in Alamance County, NC, with a zip code of 27302, this property offers a strong investment potential within a thriving retail market. The property is not currently home to any internet cafes.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2005
Total area 184,419 SF
Lot 20.85 ac (908,226 SF)
Zoning code B2
APN 164679
UPID US53-1020213
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • SmartStyle Hair Salon Hair Salon Nail Salon
  • Da-Vi Nails Nail Salon
  • Subway Take-out & Catering
  • Jackson Hewitt Tax Service Accounting Firm Tax Preparation
  • Minute Key Locksmith (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.41M
Blend (final) Blend
$7.01M
Owner & transaction history
Wal Mart Real Estate Business · 21 yrs held
Wal Mart Real Estate Business
since 2004
2 recorded transactions
2004
$2.1M
2004
Price N/A
Zoning & alternative use
B2 · Mebane, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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