Listing Agency: COLDWELL BANKER HOWARD PERRY & WALSTON Show Phone

Listed By: GARY HOLMES · License #286350 Show Phone

Source: Corcoran

Added: Apr 19, 2023 Changed: Aug 17 Last Checked: Sep 5 at 7:46AM

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Investment Insights

Based on property information with market context.

This is a prime tract of land, approximately 40 acres in size, situated about 0.3 miles from Interstates 85/40. The property is zoned LI/MI and falls within the city limits of Burlington. Water and sewer services are planned for the near future.

Key Highlights

• Prime 40+/- acre tract
• Zoned LI/MI (Light Industrial/Mixed Industrial)
• Located approximately 0.3 miles from Interstates 85/40

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Grocery & Convenience Store Tattoo & Piercing Shop Law Firm Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7

Businesses Nearby

Explore this area Business Placement

Demographics for 27377, NC

11,341

Population

4,538

Households

2.5

Avg Household Size

39

Median Age

39%

College-Educated

91%

High-School Grad

25.7 sq mi

ZIP Area

441

Density / Sq Mi

$78,517

Median Household Income

$43,976

Median Earnings

$1,204

Median Rent

$259,300

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - 40+/- acre industrial tract near Interstates 85/40.

Where is this industrial land located?

The property is located at 1316 S NC Highway 61 Whitsett, NC.

What is the asking price?

The asking price for this property is $3,900,000.

What are key features of this property?

This property features: Prime 40+/- acre tract; Zoned LI/MI (Light Industrial/Mixed Industrial); Located approximately 0.3 miles from Interstates 85/40