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 $23,000 with $1500 Down or $20,000 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 $23,000 with $1500 Down or $20,000 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 $23,000 with $1500 Down or $20,000 CASH! 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. 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. Distances (all driving): Downtown Mebane – 11 miles Burlington – 15 miles Greensboro- 37 miles Durham – 31 miles Raleigh – 56 miles
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