Estimated market value
$450,000
Low $432,000 · Midpoint $450,000 · High $468,000
Confidence65%Sales comparison approach
CompCasa estimate$450,000Current analysis
$432,000$450,000 midpoint$468,000
Price / sq ft$320
Derived from Redfin listing LD+JSON
About the property
4.53-Acre Residential Parcel with Vacant Brick Home
This offering at 1139 Terrell St presents a standout combination in Mebane: 4.53 acres of residentially zoned land with a vacant brick house that conveys at no value. The parcel sits off S. Fifth Street — that stretch has been bypassed by recent road improvements, which reduces through-traffic while preserving direct vehicular access. Utilities on site include a private well and public sewer, and city water is available at the street. The city maintains the road to the nearby pump station, an uncommon convenience for a parcel of this size.
The existing brick home (built 1978) measures roughly 1,405 square feet and contains three bedrooms and two bathrooms. The structure is vacant and being sold with no value attributed to the improvements; for many buyers this is an advantage — it’s a usable temporary dwelling for someone starting improvements, or a candidate for removal to create a clean development site. With residential zoning in place, the lot is appealing to builders, investors, or a homeowner seeking a substantial private lot within Mebane’s planning area.
What distinguishes this property is its combination of scale and services: large acreage so close to town infrastructure, with sewer already on the parcel and city water at the road. That lowers the complexity and cost curve compared with raw land that requires new septic or long utility runs. The bypassed alignment of S. Fifth St gives a quieter frontage while still keeping the property connected to the town’s road network.
Land-use possibilities range from a single-family estate setting to a small subdivision or a custom build site for a buyer who values privacy without an extended drive to services. The mature parcel footprint invites design flexibility for paddocks, gardens, outbuildings, or walk-out lawn plans. Because the home conveys at no value, the economics favor redevelopment or a thoughtful renovation strategy.
Viewings require appointment; the property is vacant but the home and grounds are being sold as-is. Brokers and buyers seeking a significant Mebane acreage opportunity with essential utilities already in place will want to review surveys, zoning specifics, and utility connection options early in their due diligence. This parcel is priced at $450,000 and offers a rare chance to secure acreage and infrastructure close to town.
Location & nearby
Mebane, NC
Researched nearby locations
⌖Short drives to local parks and community recreation (verify distances)
⌖close to town infrastructure
Location
1139 Terrell St, Mebane, NC, 27302
Editorial neighborhood context
This parcel sits in Mebane's mixed residential area where larger lots and infill opportunities coexist with more compact neighborhoods. The bypassed segment of S. Fifth Street reduces through-traffic while leaving straightforward access to municipal services; city crews maintain the road to the local pump station. The area appeals to buyers who want acreage close to town infrastructure, and who value a quieter setting without forfeiting access to local shops, schools, and services.
Nearby access summary
Good private outdoor potential on-site with nearby community parks and regional trails accessible by short drive; acreage supports gardens, recreation yards, or small-scale agricultural uses.
Market context
A factual market snapshot around 1139 Terrell St.
Editorial market perspective
Mebane and the surrounding corridor have seen sustained interest in available land and larger residential lots as buyers and builders look for acreage within reach of regional employment centers. Large, serviced parcels inside municipal boundaries remain uncommon, so properties with sewer, a private well, and city water access tend to draw strong attention from small-volume builders, custom-home buyers, and investors. While single-family detached homes transact briskly in established neighborhoods, true 3–5+ acre residential sites trade far less frequently, producing relatively low inventory for that segment. For that reason, this listing represents a strategic entry: the presence of public sewer on the parcel reduces permitting friction and can shorten timelines for new construction. Prospective buyers should move quickly to confirm zoning specifics and utility hookup costs — in healthy markets like Mebane, parcels with existing infrastructure often see multiple offer scenarios. That said, because the existing structure conveys at no value, there is clear upside for parties willing to invest in site work or a rebuild.
Highlights & features
What stands out about this property.
014.53-acre residential parcel
02Private well and public sewer already on site
03City water available at the street
04Brick home (3BR/2BA, 1,405 sqft) conveys at no value
05Residential zoning — redevelopment potential
06Quiet frontage from S. Fifth St bypass
Interior Features
- 3 bedrooms
- 2 bathrooms
- Approx. 1,405 sq ft (per listing)
- Brick construction (house conveys at no value)
- Vacant — being sold As-Is
Exterior & Lot
- 4.53 acres of residentially zoned land
- Private well on property
- Public sewer on property
- City water available at the street
- Easy access off S. Fifth St (bypassed section)
- City-maintained road to pump station
Location & Neighborhood
- Located in Mebane, NC (27302)
- Residential zoning — consult local planning for options
- Quieter frontage due to road realignment
- Convenient access to local roads and municipal services
Walkability & Recreation
- Walkability Rating: 30/100 — Car-Dependent (most errands require a short drive)
- Large private lot with room for outdoor amenities
- Short drives to local parks and community recreation (verify distances)
- Suitable for hobby farming, gardens, or private open space