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3802 Rural Retreat Rd - Burlington NC 4.5 Acre Retail Opportunity 4.5 Acres of Commercial Land Offered at $6,500,000 in Burlington, NC 27215
Investment Highlights
- High Visibility off I-40 and I-85
- Prime Location in High Traffic Area
- Surrounded by Power Centers / Destination Lifestyle Centers: Alamance Crossing (70 stores with 855,000 sq. ft.) and University Commons
- General Business Zoning - Wide variety of uses
- Great exposure from University Drive
- 4 miles from LabCorp Corporate Headquarters in Burlington, NC
Executive Summary
±4.5 AC parcel available for $6.25M or as two ±2-AC parcels for $3.25M each.
Data Room Click Here to Access
Property Facts
1 Lot Available
Lot
| Price | $6,500,000 | Lot Size | 4.50 AC |
| Price Per AC | $1,444,444.44 |
| Price | $6,500,000 |
| Price Per AC | $1,444,444.44 |
| Lot Size | 4.50 AC |
±4.5 AC of University Dr. Frontage Land ±4.5 AC parcel available for $6.5M or as two ±2-AC parcels for $3.25M each The General Business (GB) zoning offers a wide range of uses including: Gas Station, Convenience Store, Car Wash, etc.
Description
±4.5 AC of University Dr. Frontage Land ±4.5 AC parcel available for $6.5M or as two ±2-AC parcels for $3.25M each. High Visibility, Prime Development Opportunity off Interstate-85 and Interstate-40 in Burlington, North Carolina. Zoning approved for General Business (GB) which allows a wide variety of potential uses. This unique parcel boasts an excellent location in the middle of several power centers off a major thoroughfare and is surrounded by numerous housing developments and a minutes from Top-10 private college, Elon University. Traffic Counts University Drive: 36,000 VPD Interstate-85: 124,000+ VPD
Property Taxes
| Parcel Number | 178759 | Improvements Assessment | $0 |
| Land Assessment | $2,547,045 | Total Assessment | $2,547,045 |
Property Taxes
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3802 Rural Retreat Rd - Burlington NC 4.5 Acre Retail Opportunity
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