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2391 Eric Lane - Retail Development Pad 3.06 Acres of Commercial Land Offered at $2,500,000 in Burlington, NC 27215
Investment Highlights
- Strategic location provides great visibility and access from I-40/I-85 | | 130,000 VPD | Large parcel | 3.06 acres
- Large industrial presence nearby bringing in a large volume of daytime workers to the area | 5.2M SF of space within a 2-mile radius
- Located near top performing retailers
- Located inside of dense retail corridor | 4.2M SF within a 2-mile radius
- LabCorp global headquarters is Burlington’s largest employer | Proven life sciences and biotech corridor
- Affluent surrounding area | $89,591 average household income within a 2-mile radius
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $2,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.06 AC |
| Property Type | Land | ||
| Zoning | General Business - See OM for detailed zoning description. | ||
| Price | $2,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.06 AC |
| Zoning | General Business - See OM for detailed zoning description. |
1 Lot Available
Lot
| Price | $2,500,000 | Lot Size | 3.06 AC |
| Price Per AC | $816,993.46 |
| Price | $2,500,000 |
| Price Per AC | $816,993.46 |
| Lot Size | 3.06 AC |
Description
A 3.06-acre vacant retail development pad located in Burlington, Alamance County, North Carolina, within the Greensboro MSA. The parcel is situated at the intersection of Eric Lane and Alamance Road (16,000 VPD), directly south of Interstate 40/85 (130,000 VPD), providing high-visibility freeway exposure at one of Burlington's primary interstate interchange corridors. The site is zoned General Business District (GB) by the City of Burlington, permitting retail, commercial, service, wholesale, warehousing, institutional, and limited residential uses. The parcel is generally rectangular in shape, unimproved, and previously cleared/graded. It is bounded to the north by I-40/I-85, to the east by Alamance Road, and fronts Eric Lane to the south.
