1222 / 1220 / 1218 S Fifth Street (All 3 Parcels) Rare development opportunity in booming Mebane! This 3-parcel assemblage totaling approximately 3.5 acres is perfectly positioned in one of the city's fastest-growing commercial corridors. These are the last three remaining parcels on this stretch of S. Fifth Street that are not already commercially zoned or currently in the rezoning process, making this an increasingly rare opportunity for investors and developers. Located just minutes from Tanger Outlets, the new Target shopping center, and the future Buc-ee's, this property sits at the center of Mebane's explosive growth. With the city continuing to expand, opportunities like this are becoming extremely limited. Currently zoned residential, but situated in an area planned for future mixed-use, offering strong potential for rezoning. Develop the property now by pursuing rezoning, or acquire it as a long-term investment and generate income from the two existing homes while the surrounding corridor continues to develop. With nearly every neighboring property already commercially zoned or in the rezoning process, this assemblage offers a unique opportunity to capitalize on what many believe is the natural progression of this corridor. See disclosures for water source information. The property includes two existing homes, providing immediate rental income, owner occupancy, or additional flexibility while planning future development. For more information or to schedule a showing, contact Bud Hursey at 336-266-7298.
For sale
$1,000,000
1222 S 5th St, Mebane, NC 27302
3beds
2,138sqft
Single Family Residence
Built in 2004
3.5 Acres Lot
$940,000 Zestimate®
$468/sqft
$-- HOA
What's special
Two existing homes
- 99 days
- 108
- 0
Zillow last checked:
Listing updated:
Listed by:
Bud Hursey 336-266-7298,
Keller Williams Central
Source: Doorify MLS,MLS#: 10178010
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Main
Heating
- None
Cooling
- Central Air
Features
- Flooring: Carpet, Linoleum
Interior area
- Total structure area: 2,138
- Total interior livable area: 2,138 sqft
- Finished area above ground: 2,138
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Rain Gutters
Lot
- Size: 3.5 Acres
- Features: Landscaped
Details
- Parcel number: 163672
- Zoning: r
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vertical Siding
- Foundation: Crawlspace
- Roof: Shingle
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Sewer: Septic Tank
- Water: See Remarks
Community & HOA
HOA
- Has HOA: No
Location
- Region: Mebane
Financial & listing details
- Price per square foot: $468/sqft
- Tax assessed value: $628,510
- Annual tax amount: $5,442
- Date on market: 7/3/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$940,000
$893,000 - $987,000
$2,073/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Listed for sale | $1,000,000$468/sqft |
Source: | ||
| 7/3/2026 | Listing removed | $1,000,000$468/sqft |
Source: eXp Realty #10155557 Report a problem | ||
| 3/26/2026 | Listed for sale | $1,000,000+1150%$468/sqft |
Source: eXp Realty #10155557 Report a problem | ||
| 10/22/1999 | Sold | $80,000$37/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,026 +3% | $350,198 |
| 2024 | $2,938 +4.6% | $350,198 |
| 2023 | $2,809 +46.8% | $350,198 +105% |
| 2022 | $1,913 -0.9% | $170,837 |
| 2021 | $1,930 -0.4% | $170,837 |
| 2020 | $1,938 -0.5% | $170,837 |
| 2019 | $1,948 | $170,837 |
| 2018 | -- | $170,837 |
| 2017 | -- | $170,837 -5.7% |
| 2016 | $1,930 | $181,242 -1.5% |
| 2015 | $1,930 | $184,033 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 27302
Nearby schools
Schools provided by the listing agent
- Elementary: Alamance Burlington - South Mebane Elementary
- Middle: Alamance Burlington - Hawfields Middle
- High: Alamance Burlington - Southeast Alamance High School
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





