Views
Listed By:
RE/MAX DIAMOND REALTY - 919-563-4141
Address
7340 Old Country Lane, Mebane, NC
Price
$ 2,850,000
Property Attributes
  • MLS#1129532
  • TypeSingle Family
  • Listing Status Active
  • CountyORANGE
  • CityMebane
  • Zip27302
  • StyleIndustrial
  • Price$ 2,850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size31.49 Acres
Data Source:
Triad MLS (TRIADMLS)
Property Description

This property presents a rare opportunity for investors or developers looking to capitalize on prime corridor frontage in a growth market. Its exposure to I 85 / I 40 provides exceptional visibility for commercial operations, and with utilities already nearby, the cost and timing for infrastructure extensions may be favorable. Potential uses include: Retail, shopping center, office park, Mixed-use development (commercial + residential), Light industrial / warehouse, Hospitality (hotel or lodging), Medical campus or professional services. Because the current zoning is residential, feasibility will depend on obtaining commercial zoning or conditional use permits. The presence of the existing structure can serve as a model or “caretaker” facility before full buildout. Immediate access to interstate traffic. Close to manufacturing and distribution hubs. Near regional retail and outlet centers, rapidly appreciating land values in the Mebane area.

Price History
1/8/2024 Listed $2,850,000

General Features

Property Subtype Industrial
County Orange
Property Type Commercial Sale
HOA No
Status Active
Directions From I85/40,Exit 154,Mebane Oaks Road. Left on Forest Rd. Left on Wilson Rd. Road will turn into Old Country Ln. just after Morinaga building. See attached map for entrance point.
City Mebane
Listing Terms Cash,Conventional
Virtual Tour https://vimeo.com/1165445356?share=copy&fl=sv&fe=ci
Standard Status Active

Exterior Features

Lot Features Cleared,Partially Wooded,Views
Water Source Municipal Nearby
Lot Size Acres 31.49
Land Type Industrial

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 27302

Price
AVG $470K
$2.85M
Visits
AVG 8
513
Data Provided by Inside Real Estate®

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