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$1,000,000

Listing Price

3beds

3baths

2,138sqft

55,321sqft lot

1222 S Fifth St, Mebane, NC 27302

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

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For Sale

Off Market

Mobile

Home type

--

Price / sqft

2004

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

Square Feet
  • 2138

Bedrooms
  • 3

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 55321

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Modular

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • 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

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Average Home Price in 27302

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,000,000
$
Down payment
200,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
6,000
$
HOA (Monthly)
0
$
PMI
0
$
$6,473
Your Payment
Total Monthly Payment:$6,473
Percent of Income:111%
Affordable:No

Details for 1222 S FIFTH ST

Property Debt

Foreclosure Contact Details