REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by ADCOCK REAL ESTATE SERVICES
$ 1,300,000
Est. payment | /mo
5.8 Acres Lot
$ 1,300,000
Est. payment | /mo
5.8 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID LP765579
HOA Y/N No
Lot Size 5.800 Acres
Acres 5.8
Source Doorify MLS
Property Description
This offering includes two parcels totaling approximately 5.8 acres, strategically located at the intersection of Highway 15-501 (providing access to Pittsboro and Sanford) and Deep River Road, at the entrance to Central Carolina Enterprise Park. The property is also in close proximity to the new Helix Innovation Park at the Brickyard, making it well-positioned for future growth and development.Existing apartment units on the property generate approximately $45,000 in annual net income, providing immediate cash flow while future development plans are pursued. Property is not being sold as a income producing property; being sold for land value.Public sewer service is located approximately one-third of a mile from the property. A portion of the floodplain may extend into the northeast corner of the site.With excellent visibility and accessibility, this property offers strong potential for retail, convenience store, or other commercial development, subject to rezoning.
Location
State NC
County Lee
Area 5.8
Zoning Residential District
Interior
Fireplace No
Exterior
Garage No
Building
Lot Description Partially Cleared, Wooded
Water Other
New Construction No
Others
Tax ID 9645-36-2776-00
SCHOOLS & PROPERTIES NEARBY
Contact US TO GET STARTED
Explore OUR NEARBY COMMUNITIES