3948 Frst Oaks Ln Mebane, NC 27302-9813
Property profile & analytics
3948 Frst Oaks Ln Mebane, NC 27302-9813
- Retail space
- 34,422 SF
- 2.54 lot acres
Property ID
US53-5677324
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- New Millennium Martial Arts & Conditioning / Training Center / Sports School
- New Millennium Fitness / Gym & Fitness Center
- Gary Hunt Insurance / Insurance Agency
- Sarah Russell / Physician
- Team Rubao Carioca BJJ / Training Center / Sports School
Property Details for 3948 Frst Oaks Ln
- Year built
- 1994
- Lot size
- 2.54 lot acres
- Property size
- 34,422 SF
- Zone code
- B 2
- Property type
- Retail space
- APN
- 167507
- APU
- 167507
Description
This exceptional 34,500-square-foot storefront property in Mebane, North Carolina, presents a compelling investment opportunity for owner-users or investors. Located at 3948 Forest Oaks Lane, this Class B building, constructed in 1994, sits on a 4.03-acre lot and boasts a highly desirable B-2 zoning. Its prime location is just 0.13 miles from I-40, providing excellent accessibility and visibility near thriving retail areas and new developments, including Tractor Supply. Currently housing two tenants, the flexible layout allows for division into up to six individual units, maximizing rental income potential. The property features ample parking (a 3.6 per 1,000 square foot ratio), enhancing convenience for tenants and patrons. Additional amenities include a swimming pool and an outdoor basketball court, adding value and appeal. The property has undergone upgrades and is well-maintained, ensuring a smooth transition for new ownership. The asking price is $6,250,000, translating to $181.16 per square foot. This represents a strong value proposition in a growing market with high demand for commercial space. The property's versatility, prime location, and existing tenant base make it an attractive investment for both short-term and long-term growth.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,309,000
Market price range: $1.28M - $4.48M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mebane
- County
- Alamance
- State
- North Carolina
- Longitude
- -79.2688
- Latitude
- 36.0706
- CBSA code
- 15500
- CBSA name
- BURLINGTON, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$23,806
$335,808
$2,632,505
$2,968,313
-
$335,808
$2,632,505
$2,968,313
