1222 S Fifth ST, Mebane, NC 27302
1222 S Fifth ST, Mebane, NC 27302
1222 S Fifth ST, Mebane, NC 27302
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Listed by Keller Williams Central
$1,000,000
Est. payment /mo
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3 Beds
3 Baths
2,138 SqFt
Active

1222 S Fifth ST Mebane, NC 27302

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Rebecca Savitski

Rebecca Savitski

+1(919) 261-6547

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,138 sqft

Price per Sqft $467

Subdivision Not In A Subdivision

MLS Listing ID 10178010

Style Ranch

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 2004

Annual Tax Amount $5,442

Lot Size 3.500 Acres

Acres 3.5

Property Sub-Type Single Family Residence

Source Doorify MLS

Land Area 2138

Property Description

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 336-266-7298.

Location

State NC

County Alamance

Community Not In A Subdivision

Area 3.5

Zoning r

Interior

Cooling Central Air

Flooring Carpet, Linoleum

Fireplace No

Exterior

Exterior Feature Rain Gutters

Parking Features Driveway

Roof Type Shingle

Garage Yes

Building

Lot Description Landscaped

Story One

Water See Remarks

Architectural Style Ranch

New Construction No

Schools

Elementary Schools Alamance Burlington - South Mebane Elementary

Middle Schools Alamance Burlington - Hawfields Middle

High Schools Alamance Burlington - Southeast Alamance High School

Others

Senior Community No

Tax ID 163672

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Doorify MLS

NEARBY SCHOOLS & PROPERTIES

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