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Approved Townhome Project in Burgaw
For Sale
$550,000

559 N Timberly Lane, Burgaw, NC 28425

Approved 30-unit townhome project in downtown Burgaw, North Carolina.

Property SizeContact for details
Days on Market199

Property Features for 559 N Timberly Lane

General Information

Standard status Active
Property subtype Land
Zoning INCORP

Taxes and HOA fees

Annual Taxes $520

Amenities

No
5.86
City Street,State Road
Listing Agency: Keller Williams Innovate-Wilmington
Listed By: Julia Blake
Source: Baystreetrealtygroup
Added: Mar 30 Changed: Oct 13 Last Checked: Oct 12 at 5:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Innovate-Wilmington

Investment Insights

Based on property information with market context.

This parcel is approved for a 30-unit luxury townhome project. Located in the heart of downtown Burgaw, North Carolina, the site is within walking distance of downtown amenities. The project has been fully entitled by the town of Burgaw and requires minor surveys and engineering reports for completion at the State (Storm water) and DOT level (Driveway Permits). All utilities are available, including sewer, water, and natural gas. This project awaits a developer or builder ready to invest in Burgaw, where there are currently no other townhome projects.

Key Highlights

  • Fully entitled for a 30‑unit luxury townhome project, significantly reducing pre‑construction hurdles.
  • Located in the heart of downtown Burgaw, offering walkability to all downtown amenities.
  • No current townhome projects in Burgaw, presenting a unique market opportunity.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Locksmith HVAC Service Electrical Service Pet Grooming Service

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

227
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Approved 30-unit townhome project in downtown Burgaw, North Carolina.
Where is this residential land & home lot located?
The property is located at 559 N Timberly Lane Burgaw, NC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Fully entitled for a 30‑unit luxury townhome project, significantly reducing pre‑construction hurdles.; Located in the heart of downtown Burgaw, offering walkability to all downtown amenities.; No current townhome projects in Burgaw, presenting a unique market opportunity.
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