0 Christian Chapel Church RdNew Hill, NC 27562

This exceptional 292.29-acre land parcel presents a unique development opportunity in Chatham County, North Carolina. Currently zoned R-1 Residential, this property offers significant flexibility for developers seeking alternative uses. Rezoning may be pursued for industrial or commercial purposes, given its proximity to existing industrially zoned land within an Employment Center. The site boasts approximately 245-250 developable acres, allowing for diverse development options. Strategically located four miles south of the US-1/Old US-1 interchange (33,500 vehicles per day), this location provides convenient access to major transportation arteries. It's three miles from the future VinFast electric vehicle manufacturing plant (a $4 billion, 7,500-job investment), eleven miles from I-540, sixteen miles from Sanford, twenty-nine miles from Downtown Raleigh, and thirty miles from RDU Airport. The property benefits from its position in a rapidly growing area with limited residential development, creating an opportunity to serve the burgeoning job market. This presents a chance to develop one of the first housing developments near Triangle Innovation Point and the VinFast facility. The site's proximity to US-1 ensures easy access to Raleigh, Durham, Sanford, and surrounding communities, regardless of the chosen development path. The tight industrial market in the Raleigh-Durham area, coupled with limited large tracts of land, makes this a highly desirable investment.