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3948 Forest Oaks Ln

34,500 SF Flex Building Mebane, NC 27302 $6,250,000 ($181/SF)

Investment Highlights

  • 0.13 miles from I-40 near strong retail and new development
  • Well maintained building with unique amenities
  • 4 acres with ample parking and future development / expansion opportunity

Executive Summary

This prime flex property at 3948 Forest Oaks Lane, Mebane, NC, offers an ideal setup for owner-users and a flexible investment opportunity. Spanning 34,500 SF, it’s strategically located just 0.13 miles from I-40, near high-traffic retail and new developments, enhancing accessibility and visibility. Currently, it houses two tenants, Stewart’s Physical Therapy and Millennium Fitness, and the versatile layout allows for up to 6 units, providing strong rental income potential. Highlights include ample parking (3.6 per 1,000 SF), a swimming pool, outdoor basketball court, and well-maintained upgrades.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $6,250,000
Price Per SF $181
Sale Type Owner User
Property Type Flex
Property Subtype
Showroom
  • General Retail Storefront Retail/Office
  • General Retail Health Club
Building Class B
Lot Size 2.54 AC
Rentable Building Area 34,500 SF
No. Stories 1
Year Built 1994
Parking Ratio 3.62/1,000 SF
No. Dock-High Doors/Loading 1

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 167507
  • 167508
Land Assessment
$565,547
Improvements Assessment
$2,650,505
Total Assessment
$3,216,052

zoning

Zoning Code B 2 (Retail, business, professional services, fitness, sports, recreation and entertainment, daycare, church, wellness center, and emergency services.)
B 2 (Retail, business, professional services, fitness, sports, recreation and entertainment, daycare, church, wellness center, and emergency services.)
  • Listing ID: 33837853

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 3948 Forest Oaks Ln, Mebane, NC 27302

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