Burlington NC 4.5 Acres For Sale | Retail Opportunity
Retail Development | ±4.5 acres of University Dr. Frontage
Marketing 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
Investment highlights
Alamance County’s economic stability is near the highest it’s ever been.
The county is within the top 26 most economically stable in North Carolina, according to the 2020 Development Tier Designations report from the N.C. Department of Commerce.
Zoning just changed to General Business (GB) which allows a wide variety of potential uses
High Visibility off I-40 and I-85
Prime Location in High Traffic Area
Great exposure from University Drive
Major Commercial Corridor
Surrounded by Power Centers / Destination Lifestyle Centers: Alamance Crossing (70 stores with 855,000 sq. ft.) and University Commons (227,000+ sq. ft.)
Many restaurants and financial institutions close by
1 mile from Cone Health Alamance Regional Hospital and next door to Cone Health Urgent Care
2.5 miles from Top Private University, Elon University, ranked #1 for excellence in Undergraduate Teaching and Top 10 Best-Run colleges according to Princeton Review
4 miles from LabCorp Corporate Headquarters in Burlington, NC
Surrounded by numerous new housing developments and schools
Long-time family owned property with great potential
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