1.54 Acre Lot - No Restrictions - Mebane, NC – One of NC’s Fastest Growing Areas

– A Property a Half Acre Smaller Sold for $22,000 - BUY TODAY with Financing for $26,500 with $2500 Down or $23,850 CASH!

1.54 Acres – Non-restricted lot. 
Mebane, NC. 
This is one of the fastest growing areas in the state. 
Located between Greensboro and Durham. 
Nearby Property that was 1/3 Smaller Sold for $22,000. 
BUY TODAY FOR $26,500 with $2500 Down or $23,850 CASH.

PROPERTY DESCRIPTION:

This is a 1.54 acre building lot in Mebane, NC.

Mebane is one of the fastest growing areas in the state.
Durham, Raleigh, Burlington and Greensboro are each within an hour drive.

Properties in this area are moving fast due to recent growth.
Sold comps for properties are over assessed value.

This property is assessed at $27,000.
A nearby property that is over a half acre smaller sold for $22,000.

BUY TODAY FOR $26,500 with $2500 Down or $23,850 CASH!

Contact us

OWN IT TODAY

A PROPERTY 1/3 SMALLER SOLD FOR $22,000.
BUY THIS PROPERTY FOR $23,850 CASH!!

Pay 10% Down ($2385) Today to Secure the Property.
Use the PayPal Button.

SEE BELOW FOR FINANCING OPTIONS

 

 

COMPS IN THE AREA

Quick Facts About Mebane (per BestPlaces.net)

ECONOMY
The unemployment rate in Mebane is 3.7% (U.S. avg. is 3.9%). Recent job growth is Positive. Mebane jobs have increased by 1.05%.

COST OF LIVING
Compared to the rest of the country, Mebane’s cost of living is 2.60% lower than the U.S. average.

POPULATION
Mebane’s population is 14,426 people. Since 2000, it has had a population growth of 98.05%.

TRANSPORTATION
Average Commute time is 26 minutes. The National Average is 26 minutes.

REAL ESTATE
The median home cost in Mebane is $178,800. Home appreciation the last 10 years has been 8.46%.

SCHOOLS
There are about 15 students per teacher in Mebane.

Housing Market in Mebane

It’s a good time to buy in Mebane. Home Appreciation is up 10.1% in the last 12 months.

PLAT MAP

Mebane is one of the fastest growing municipalities in North Carolina. Mebane straddles the Research Triangle and Piedmont Triad Regions of North Carolina. The Alamance County portion is part of the Burlington Metropolitan Statistical Area, which is a component of the Greensboro-Winston-Salem-High Point Combined Statistical Area. The Orange County portion is part of the Durham-Chapel Hill Metropolitan Statistical Area, which is a component of the Raleigh-Durham-Chapel Hill Combined Statistical Area.

Downtown Mebane was named a Top Five Great Place in North Carolina for 2017. Downtown Mebane is home to many high-end home furnishing stores, antique shops, and trendy clothing stores. The downtown also houses a wide variety of restaurants including Junction on 70 (local fare), The Mebane Downtown Table (fine dining restaurant) and many more. The downtown area also boasts several antique and curio shops, also with a local flair. Coffee shops are wonderful (Filament and Reed’s) as well as a vibrant service industry mixed in.

Garrett Crossing, a shopping center located on the south side of Mebane next to Interstate 85 and Interstate 40, includes a Wal-Mart Supercenter as well as dining and other smaller shops. A Tanger Outlet mall is located on Arrowhead Boulevard on the north side of I-85 in Mebane.

Property Details:

  •   Status:   AVAILABLE
  •   State:  North Carolina
  •   County:  Alamance
  •   APN (Assessor’s Parcel Number): 169957
  •   Size:  1.54 Acres
  •   Address:  Oscar Gammon Road, Mebane, NC 27302
  •   Short Legal: VL OSCAR GAMMON RD
  •   Zoning:  No restrictions.  No zoning in unincorporated Alamance County.
  •   Terrain:  Partly Wooded, Mostly Level, Slight Slope down from road.
  •   Road Access:  Paved road.
  •   Electricity: On the street.
  •   Water:  Well needed.
  •   Sewer:  Septic tank needed.

Downtown Durham is 31 Miles Away

Downtown Greensboro is 37 Miles Away

OWN IT TODAY

A PROPERTY 1/3 SMALLER SOLD FOR $22,000.
BUY THIS PROPERTY FOR $23,850 CASH!!

Pay 10% Down ($2385) Today to Secure the Property.
Use the PayPal Button.

SEE BELOW FOR FINANCING OPTIONS

 

 

Distances (all driving):

Downtown Mebane – 11 miles
Burlington – 15 miles
Greensboro- 37 miles
Durham – 31 miles
Raleigh – 56 miles

OWN IT TODAY

A PROPERTY 1/3 SMALLER SOLD FOR $22,000.
BUY THIS PROPERTY FOR $23,850 CASH!!

Pay 10% Down ($2385) Today to Secure the Property.
Use the PayPal Button.

SEE BELOW FOR FINANCING OPTIONS

 

 

 

OR FINANCE IT FOR $26,500 (No credit checks)…

Downpayment

$2500

Monthly Payment

$387.20

Term length:

120 months

Total Due Today

$2995

Downpayment

$3500

Monthly Payment

$375.68

Term length:

108 months

Total Due Today

$3995

Downpayment

$5000

Monthly Payment

$361.36

Term length:

96 months

Total Due Today

$5495

Downpayment

$7500

Monthly Payment

$334.40

Term length:

84 months

Total Due Today

$7995

Downpayment

$10,000

Monthly Payment

$358.75

Term length:

60 months

Total Due Today

$10,495

These prices are before the monthly service charges.  These fees will be an additional $30/month for loan servicing and liability insurance and 1/12 of the yearly tax bill per month (approx. $16.70).  The total due today reflects the down payment as well as the one-time documentation and processing fee of $495.  You may pay off the property at any time without a prepayment penalty.