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40.8 Acres Hwy 98, Bunn, NC 27508

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For Sale

$2,244,000

Estimated Payment

$ 12,846 /mo. †

6.65% APR for 30 yrs.
$15,853 in taxes
Change Loan Terms

  • Other Residential
    Property type

Explore this Property

40+ Acres in rapidly growing area in Franklin County. Small town lifestyle with easy access to big-city amenities of nearby Raleigh. Zoned ''Village Mixed Use'' which can be used for a variety of housing and commercial properties. Subject will need to be annexed into town of Bunn. Water & sewer is located approximately 1,200 feet from site.
MLS# 10067460

Courtesy Of dallas pearce realty

(919) 404-1405

Property Features

  • Architecture Style
    Other

Map and Directions

Directions to 40.8 Acres Hwy 98, Bunn, NC 27508

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $11,525
  • Property Taxes
    $1,321
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $12,846

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Bunn Elementary School

Grades KG-5 Public School

Bunn, NC 27508 1.6 miles
686 bunn elementary school rd

480 total students
14:1 Student teacher ratio

School Rating: C+

School Details

Bunn Middle School

Grades 6-8 Public School

Bunn, NC 27508 1.7 miles
4742 nc 39 hwy s

647 total students
17:1 Student teacher ratio

School Rating: D-

School Details

Bunn High School

Grades 9-12 Public School

Bunn, NC 27508 0.4 miles
29 bunn elementary school rd

803 total students
15:1 Student teacher ratio

School Rating: C-

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Bunn, NC 27508

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Bunn, NC 27508

This community’s employment is highest in the sales and administrative support industries. The area’s overall household expenses are below the national average.

89° July
Hottest Average Month
30° January
Coldest Average Month
667 Total Households in Area
7.7% Increase in population since the year 2010
30.5%
of households
have children
31 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Bunn, NC 27508

Bunn, NC 27508 has a population of 1,887 people in 667 households with a median age of 42.6 years old.

7.7%
Increase in population
since the year 2010
Population is Trending up
589
Total households as of 2010
10.8%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 42.6 years old. The smallest percentage group is 45-54 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 50%
Black 30%
Hispanic 17%
Other 13%
Native American 1%
Asian <1%
The most prevalent ethnicity is White at 50%, followed by Black at 30%, Hispanic at 17%, and Other at 13%.

Economics
for Bunn, NC 27508

182 /sq mi
Population Density
$56,014 /yr
Median Household Income
$275,500
Median Sales Price
31 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 25.05% of the households.

Transportation to Work

  • Drive 94%
  • Work from Home 3%
  • Walk or Bike 2%
  • Public Transit 0%

Occupancy by Type

Owned 549 75%
Rented 119 16%
Vacant 64 9%

White vs Blue Collar Jobs







White Collar 67%
Blue Collar 33%

Family & Education Facts
for Bunn, NC 27508

42.6 Median Age

Average Household Size

2.5
persons per
household

50.6%

Married Households

Community Population By Education

High School Graduate 37%
Some College 23%
Bachelors Degree 11%
Associates Degree 11%
Some High School 11%
Graduate Degree 6%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 37.37% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
30.5% of households have children

Weather
for Bunn, NC 27508

The weather for this area ranges from a high of 89° F in July to a low of 30° F in January

89° July
Hottest Average Month
30° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
30°
51°
Feb
31°
54°
Mar
38°
62°
Apr
47°
72°
May
56°
80°
Jun
64°
87°
Jul
68°
89°
Aug
67°
88°
Sep
61°
83°
Oct
48°
73°
Nov
39°
63°
Dec
32°
54°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Bunn, NC 27508!
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Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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