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Moons Chapel & US 64 Hwy 96.6 Acres of Commercial Land Offered at $3,750,000 in Siler City, NC 27344
INVESTMENT HIGHLIGHTS
- 3-minute drive to Wolfspeed (Megasite) employee entrance
EXECUTIVE SUMMARY
Foundry Commercial, Llc and NAI Piedmont Triad, North Carolina Brokers, Have Been Retained as The Exclusive Agents for The Owner of The Moons Chapel & Us Highway 64 (the “property”), a ±96.60-Acre Development Opportunity Located in Western Chatham County Three Miles from The Future Wolfspeed Semi-Conductor Manufacturing Facility in Siler City, North Carolina. Wolfspeed Is Currently Under Construction on A $5b Manufacturing Plant Within the Chatham-Siler City Advanced Manufacturing Site, Which Is Estimated to Employ Over 1,800 Workers. Moons Chapel & Us Highway 64 Provides for By-Right Development of Single-Family Residences on Minimum Lot Sizes of 40,000 Sf. the Site Is Located 1,500 Feet from Highway 64 (9,900 Vpd) Providing Immediate Access to Siler City and Surrounding Areas. Located Within the Siler City Etj, Moons Chapel & Us Highway 64 Is Currently Zoned Agricultural Residential (a-R) Which Provides for By-Right Development of Detached Single Family Residences on Lot Sizes of At Least 40,000 Sf (1.08 Units per Acre). if Additional Density Is Desired, a Rezoning Would Be Required. per The Town of Siler City Land Development Plan, the Future Land Use (flu) for The Site Is Identified as Rural Residential. Moons Chapel & Us Highway 64 Is Located 1,500 Feet South of Highway 64 (9,900 Vpd) and 3 Miles South of The Siler-Chatham Advanced Manufacturing Megasite, Which Is Currently Under Construction for Wolf Speed’s $5b Semiconductor Plant. the Plant Is Estimated to Be Completed in Q3/q4 2024 and Will Employ 1,800 in The Next Five Years with Average Wages of $77,753. the Area Commands Strong Demographics with Convenient Location Near Highway 64 Providing Access to Siler City and Surrounding Areas
PROPERTY FACTS
| Price | $3,750,000 | Proposed Use | |
| Sale Type | Investment | Total Lot Size | 96.60 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | Zoning | A-R |
| Property Subtype | Commercial |
| Price | $3,750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 96.60 AC |
| Opportunity Zone |
Yes |
| Zoning | A-R |
1 LOT AVAILABLE
Lot
| Price | $3,750,000 | Lot Size | 96.60 AC |
| Price Per AC | $38,819.88 |
| Price | $3,750,000 |
| Price Per AC | $38,819.88 |
| Lot Size | 96.60 AC |
West Chatham Development Opportunity with (Megasite)Proximity to WolfSpeed Manufacturing Facility...3-minute drive to Employee Entrance.
DESCRIPTION
+/- 3-minute drive to Wolfspeed employee entrance.
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PROPERTY TAXES
| Parcel Number | 12561 | Improvements Assessment | $0 |
| Land Assessment | $43,674 | Total Assessment | $43,674 |
PROPERTY TAXES
Parcel Number
12561
Land Assessment
$43,674
Improvements Assessment
$0
Total Assessment
$43,674
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Moons Chapel & US 64 Hwy
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