For Sale
$293,625

0 Old Us 1 HwyNew Hill, NC 27559

Residential land, prime location, great investment.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 43.5-acre property in Chatham County, North Carolina, presents a unique investment opportunity. Situated on Old US Highway 1 in Moncure, this R-1 zoned land boasts approximately 980 feet of road frontage, providing convenient access to downtown Moncure via George Ray Road and Post Office Road. The property is strategically located near US Highway 1, Pittsboro Moncure Road, and Pea Ridge Road, offering excellent connectivity. Its proximity to the planned VinFast electric vehicle site further enhances its potential. The land consists of a single tract bisected by a CSX rail line. Chatham County's Future Use Plan designates this area for medium-density residential development. Existing infrastructure includes a 6-inch water line along Old US Highway 1 and George Ray Road, with additional water access from Post Office Road. This versatile property is ideal for large home sites, capitalizing on the area's significant growth and proximity to Research Triangle Park, I-540, Apex, Sanford, and Pittsboro. Priced at $6,750 per acre, this is a compelling opportunity in a thriving county. The property's flexible zoning and strategic location make it suitable for a variety of residential development projects.

Highlights

  • 43.5-acre Chatham County, NC property, R-1 zoned, ideal for residential development.
  • ~980 feet of road frontage on Old US Hwy 1, with access via George Ray & Post Office Roads.
  • Excellent connectivity near US Hwy 1, Pittsboro-Moncure Rd, & Pea Ridge Rd; close to planned VinFast site.
  • Single tract bisected by CSX rail line; Chatham County Future Use Plan designates medium-density residential.
  • Existing 6-inch water line along Old US Hwy 1 & George Ray Rd, additional access from Post Office Rd.
  • $6,750 per acre; near Research Triangle Park, I-540, Apex, Sanford, & Pittsboro.

Property Details for 0 Old Us 1 Hwy

Property type
Land
Lot Size (sq. ft)
1,894,860 SF

Location Insight

City
New Hill
County
Chatham
State
North Carolina
Latitude
35.623103032159
Longitude
-79.074907874755
Old Us 1 Hwy, New Hill, North Carolina

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