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    1300 Burgaw Hwy Jacksonville, NC 28540

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    For Sale
    $2,849,000

    Land annexed into Jacksonville, designed for 154 townhomes.

    Lot size:
    22.25 Acres

    Property Features for 1300 Burgaw Hwy

    General Information

    Lot size
    22.25 Acres
    Source: Moodyscre

    Listing Agent: Madison Robideau

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Ready for Townhome Development

    This site, annexed into the City of Jacksonville and rezoned RMF-HD, is currently designed for the development of 154 for-rent townhomes. The planned townhomes are designed to be 22 feet wide and 50 feet long. Civil engineering is 90% complete, and architectural design is 75% complete. The property is located in an Opportunity Zone, and an AJD (presumably an 'Approved Jurisdictional Determination' or similar permit) is in hand. A Developer Agreement is also in place. Additional information is available upon request.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Onslow
    State
    North Carolina
    Longitude
    -77.478214
    Latitude
    34.748511

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    FAQs

    What type of property is this?
    Land - Land annexed into Jacksonville, designed for 154 townhomes.
    Where is this land located?
    The property is located at 1300 Burgaw Hwy Jacksonville, NC.
    What is the asking price?
    The asking price for this property is $2,849,000.
    What are key features of this property?
    This property features: - Site is designed for **154 for-rent townhomes**.; - Rezoned RMF-HD and annexed into City of Jacksonville.; - Located in an Opportunity Zone.
    (910) 599-0558
    Request Owner's contact information
    1300 Burgaw Hwy Jacksonville, NC 28540
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    Jacksonville, NC 28540
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1300 Burgaw Hwy Jacksonville, NC 28540
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