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4164 Rural Retreat Rd
Burlington, NC 27215
Burlington, NC Land · Land For Sale · 72.00 AC

Investment Highlights

  • Location
  • All landowners are willing to provide the time necessary for a developer to rezone and entitle the land for their use.
  • Abundance of development opportunities
  • Assemblage

Property Facts

Property Type Land
Property Subtype Commercial
Total Lot Size 72.00 AC
No. Stories 1
Zoning Residential

Description

-Selling as a portfolio or each parcel separately. Visibility with frontage on I-40/85 makes this an excellent development opportunity. After re-zoning, the site is open to an abundance of possibilities such as multifamily, hotel, retail, and mixed-use development. Annual Average Daily Traffic along Highway 40/85 is 90,000. - Immediate proximity to national and regional retailers such as Target, Best Buy, PetSmart, Dicks Sporting Goods, Dillards, Kohls, Belk, and Starbucks. Water and electricity already on-site. Sewer connection available from adjacent Apartment Community. The land is currently outside of city limits so to bring in sewer, the land would be annexed into city property. PlanWorx architecture already familiar with land details and development opportunities. The Burlington Alamance Regional Airport is 3 miles away and the Piedmont Triad International Airport in Greensboro, NC is within 30 minutes. The Cone Health Alamance Regional Medical Center is 3 miles from the property. New Private Housing Structures Authorized by Building Permits for Alamance County, NC have increased 63% from 2019 to 2021. All land owners are willing to provide the time necessary for a developer to rezone and entitle the land for their use.

Property Taxes

Property Taxes

Parcel Number
106697
Land Assessment
$107,826
Improvements Assessment
$329,640
Total Assessment
$437,466
  • Listing ID: 28040692

  • Date on Market: 3/22/2023

  • Last Updated:

  • Address: 4164 Rural Retreat Rd, Burlington, NC 27215

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