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$1,000,000
Listing Price3beds
3baths
2,138sqft
55,321sqft lot
1222 S Fifth St, Mebane, NC 27302
Member Features
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Full foreclosure details
Home value, equity and ownership info
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Get full access with a FREE Account
Already a member?
For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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,
Interior Details
2138
3
3
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
55321
Yes
Yes
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Modular
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$1,937
$38,096
$132,741
--%
$170,837
2019
$1,947
$38,096
$132,741
--%
$170,837
2018
$1,805
$38,096
$132,741
--%
$170,837
2017
$1,793
$38,096
$132,741
--%
$170,837
2016
$1,939
$41,860
$139,382
--%
$181,242
2014
$975
$41,860
$142,173
--%
$184,033
2013
$993
$41,860
$142,173
--%
$184,033
2012
$952
$41,860
$142,173
--%
$184,033




