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3802 Rural Retreat Rd - Burlington NC 4.5 Acre Retail Opportunity 2.43 Acres of Commercial Land Offered at $3,250,000 in Burlington, NC 27215
Investment Highlights
- Zoning: General Business (GB), permitting a wide variety of commercial uses
- Strong Traffic Exposure: Traffic counts exceeding 125,000 vehicles per day
- Residential Growth: Surrounded by multiple new/planned multifamily & single-family developments
- Strategic Location: Situated on University Dr., primary route connecting I-40 to Elon University
- Proven Demand: A 210-unit apartment development recently sold adjacent to the parcel
- Access: One-hour to Raleigh, Durham, Chapel Hill, Winston-Salem, Greensboro, and High Point
Executive Summary
This highly visible site offers excellent access and frontage within one of the area's most active retail corridors, enhancing its positioning as a premier development opportunity, with General Business (GB) zoning that provides exceptional flexibility for a wide array of commercial uses, including gas station, convenience store, car wash, self-storage, automotive services, hospitality, restaurant, and medical office.
The property is ideally suited for retail development, single-tenant net lease to national operators (e.g., convenience, restaurant, or service users), or a joint venture with a developer for a small shopping center or mixed-use concept that could leverage car wash synergy.
Strategically positioned between dominant retail centers and surrounded by established and expanding residential communities, the site benefits from strong built-in consumer demand. The property is located just 2.5 miles from Elon University and features direct access to University Drive, a key connector between Interstate access points and the university, further supporting consistent traffic flow and visibility. Parcel Coordinates: 36°04’10.9”N 79°31’15.2”W
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Property Facts
1 Lot Available
Lot
| Price | $3,250,000 | Lot Size | 2.43 AC |
| Price Per AC | $1,337,448.56 |
| Price | $3,250,000 |
| Price Per AC | $1,337,448.56 |
| Lot Size | 2.43 AC |
Opportunity to acquire a ±2.4-acre parcel located in a heavily-trafficked major shopping and commercial corridor of Alamance County The General Business (GB) zoning offers a wide range of uses including: Gas Station, Convenience Store, Car Wash, etc.
Description
This highly visible site offers excellent access and frontage within one of the area's most active retail corridors, enhancing its positioning as a premier development opportunity, with General Business (GB) zoning that provides exceptional flexibility for a wide array of commercial uses, including gas station, convenience store, car wash, self-storage, automotive services, hospitality, restaurant, and medical office. The property is ideally suited for retail development, single-tenant net lease to national operators (e.g., convenience, restaurant, or service users), or a joint venture with a developer for a small shopping center or mixed-use concept that could leverage car wash synergy. Strategically positioned between dominant retail centers and surrounded by established and expanding residential communities, the site benefits from strong built-in consumer demand. The property is located just 2.5 miles from Elon University and features direct access to University Drive, a key connector between Interstate access points and the university, further supporting consistent traffic flow and visibility. Parcel Coordinates: 36°04’10.9”N 79°31’15.2”W
Property Taxes
| Parcel Number | 178759 | Improvements Assessment | $0 |
| Land Assessment | $2,547,045 | Total Assessment | $2,547,045 |
Property Taxes
