$1,000,000

Single Family Detached Mebane

  • 3 Beds
  • 3 Baths
  • 2,138 Sqft
  • 3.5 Ac lot
  • Updated: August 5
  • MLS#10178010

About the Property

1222 / 1220 / 1218 S Fifth Street (All 3 Parcels) Rare development opportunity in booming Mebane! This 3-parcel assemblage totaling approximately 3.5 acres is perfectly positioned in one of the city’s fastest-growing commercial corridors. These are the last three remaining parcels on this stretch of S. Fifth Street that are not already commercially zoned or currently in the rezoning process, makin
1222 / 1220 / 1218 S Fifth Street (All 3 Parcels) Rare development opportunity in booming Mebane! This 3-parcel assemblage totaling approximately 3.5 acres is perfectly positioned in one of the city’s fastest-growing commercial corridors. These are the last three remaining parcels on this stretch of S. Fifth Street that are not already commercially zoned or currently in the rezoning process, making this an increasingly rare opportunity for investors and developers. Located just minutes from Tanger Outlets, the new Target shopping center, and the future Buc-ee’s, this property sits at the center of Mebane’s explosive growth. With the city continuing to expand, opportunities like this are becoming extremely limited. Currently zoned residential, but situated in an area planned for future mixed-use, offering strong potential for rezoning. Develop the property now by pursuing rezoning, or acquire it as a long-term investment and generate income from the two existing homes while the surrounding corridor continues to develop. With nearly every neighboring property already commercially zoned or in the rezoning process, this assemblage offers a unique opportunity to capitalize on what many believe is the natural progression of this corridor. See disclosures for water source information. The property includes two existing homes, providing immediate rental income, owner occupancy, or additional flexibility while planning future development. For more information or to schedule a showing, contact Bud Hursey at [hidden information]
  • Property type

    House

  • Year built

    2004

  • Price/sqft

    $467

Explore the Area

1222 S Fifth Street, Mebane, NC 27302, North Carolina, United States View on Google Maps
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Burlington

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Burlington
United States
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2022
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Burlington
Burlington
2280 S. Church Street, Suite 206, 27215, Burlington, United States
View agency profile
Last updated
August 5
First listed
Jul 3
Agent licence
#358085
Listing reference
2133154332260136
Listing status
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