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472 Ralph Griffin Rd
Bear Creek, NC 27207
Commercial Land - Bear Creek · Land For Sale · 45.00 AC

INVESTMENT HIGHLIGHTS

  • Thousands of feet of creek access.
  • Passed perc on file.
  • Very close to highway 421
  • Secluded and private.
  • Unrestricted zoning.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Warehouse
Total Lot Size 45.00 AC
Zoning Unrestricted

DESCRIPTION

45 Acres officially surveyed out of our 122 acre lot (Plat 0009959). Over two thousand feet of creek access. Great road access to parcel, minutes away from chatham counties rapidly developing commercial zone along highway 421. wide roads easily accessible by large vehicles. Passed perc on file with Chatham County. 45 Acres cleared, slightly rolling hills. Over two thousand feet of creek access & a natural spring that runs through. Passed perc on file with county. Flood plain determination completed. Looking for a tenant, wanting to negotiate a modern ground lease. Any type of industry or business is welcome to apply. Price and term of years are negotiable, unused space will be converted to land use (such as timber growth) which will significantly reduce taxes per year if applicable to tenant. Tenants can lease from 1 - 45 acres to suit their specific needs. I will build into contract clauses things that benefit both parties. Such as the ability for tenant to sell their property. Inflation and rent increase protection so your value isn't erased by increasing rents. We would implement a hybrid commercial escalation clause a bracketed fixed rate that goes up a small amount if CPI hits certain benchmarks. It could then go back down if the CPI goes below that benchmark rate.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9959
Land Assessment
$239,381
Improvements Assessment
$12,568
Total Assessment
$251,949
  • Listing ID: 27205149

  • Date on Market: 11/29/2022

  • Last Updated:

  • Address: 472 Ralph Griffin Rd, Bear Creek, NC 27207

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