Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Training Center Sports School
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Gym & Fitness Center
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Insurance Agency
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Physician
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Training Center Sports School
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B 2 · Mebane, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for B 2 in Mebane, NC.
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