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2795 Longpine
Burlington, NC 27215
Multi-Family Land · Land For Sale
·
14.39 AC
Investment Highlights
- Interstate frontage
- Good access and amenities
- Heavy demand and growth community
Executive Summary
Prime, potential multi-family land in high demand area.
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 14.39 AC |
| Zoning | O&I and GB - Office & Institutional, General Business | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 14.39 AC |
| Zoning | O&I and GB - Office & Institutional, General Business |
1 Lot Available
Lot
| Price | $3,750,000 | Lot Size | 14.39 AC |
| Price Per AC | $260,597.64 |
| Price | $3,750,000 |
| Price Per AC | $260,597.64 |
| Lot Size | 14.39 AC |
@14.39 acres fronting south side Interstate 85/40, just east of Huffman Mill Road; 132,000 traffic count on Interstate; current zoning Office Institutional with a small section General Business; zoning change could result in over 400 MF Units.
Description
Billboards on site do not transfer, easements already in place; @36% of site is in flood zone but can be utilized for density calculations and green area required; change of zoning to MDR, Medium Density Residential could result in over 400 multi-family units; current zoning could potentially allow up to 172 units.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $528,048 | Total Assessment | $528,048 |
Property Taxes
Parcel Numbers
Land Assessment
$528,048
Improvements Assessment
$0
Total Assessment
$528,048
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