Listing Agency: National Land Realty, Raleigh, NC Show Phone

Listed By: License #318870 Show Phone

Added: Sep 1, 2024 Changed: Aug 20 Last Checked: Aug 22 at 6:06PM

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MLS# 11532135

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Investment Insights

Based on property information with market context.

This 29.5-acre commercial land tract is zoned General Business (GB) and has been fully graded, with a retention pond already in place. The property was previously platted for a fuel depot and refilling station, and preliminary engineering and site plans are available. A 10-inch water main runs along US 117, while a utility service letter confirms 750,000 GPD of wastewater capacity. Pender County provides utility service to the Town of Burgaw.

The site sits at the interchange of I-40 and US 117 and records an NCDOT traffic count of 30,000 AADT. Its commercial zoning supports a broad range of potential uses. The tract is approximately 18 minutes from Wilmington and minutes from Burgaw, North Carolina.

Key Highlights

• 29.5‑acre commercial land tract zoned General Business (GB)
• Positioned at the I‑40 and US 117 interchange
• Fully graded site with an existing retention pond

Property Analytics

Current Use

Commercial land

Lease Details

30,000 VPD

Traffic count

Yes

Highway access

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

6

Businesses Nearby

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Demographics for 28425, NC

10,280

Population

4,910

Households

2.1

Avg Household Size

44

Median Age

23%

College-Educated

85%

High-School Grad

153.5 sq mi

ZIP Area

67

Density / Sq Mi

$65,163

Median Household Income

$34,827

Median Earnings

$989

Median Rent

$206,300

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - General Business-zoned land with grading, retention infrastructure, and commercial development potential.

Where is this commercial land located?

The property is located at 117 Hwy & I40 Union, NC.

What is the asking price?

The asking price for this property is $1,750,000.

What are key features of this property?

This property features: 29.5‑acre commercial land tract zoned General Business (GB); Positioned at the I‑40 and US 117 interchange; Fully graded site with an existing retention pond