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    2843 Alamance Rd Burlington, NC 27215

    Sponsored
    For Sale
    $1,175,000

    Prime Burlington development site, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9.91-acre development site is located at 2843 Alamance Road in Burlington, North Carolina, (PID #120472). Zoned MDR, this property presents a significant opportunity for developers seeking a strategically located parcel in Alamance County. The asking price is $1,175,000. The land boasts convenient access to major transportation arteries, including easy access to Interstates 40/85, placing it within a short commute of several major population centers. The property's proximity to Burlington-Alamance Airport (3 minutes), Piedmont-Triad International Airport (32 minutes), and Raleigh-Durham International Airport (43 minutes) further enhances its appeal. Existing structures on the property are considered to have no value. Water and sewer services are available, simplifying development plans. The location also offers the advantage of being near established restaurants and shopping amenities, providing future residents and businesses with convenient access to daily necessities. It's important to note that an AT&T easement crosses the property. This property is ideal for a variety of development projects, making it a compelling investment opportunity in a thriving North Carolina market. The property's zip code is 27215.

    Property Features for 2843 Alamance Rd

    General Information

    Property type
    Land
    Lot Size
    431,680 SF

    HighLights

    • Water and sewer utilities available.
    • Excellent I‑40/I‑85 access.
    • Convenient to restaurants and shopping.
    • Proximity to three major airports: Burlington‑Alamance (3 minutes), Piedmont Triad International (32 minutes), and Raleigh‑Durham International (43 minutes).
    • AT&T easement present.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Alamance
    State
    North Carolina
    Longitude
    -79.472802
    Latitude
    36.061482

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    FAQs

    What type of property is this?
    Land - Prime Burlington development site, excellent location.
    Where is this land located?
    The property is located at 2843 Alamance Rd Burlington, NC.
    What is the asking price?
    The asking price for this property is $1,175,000.
    What are key features of this property?
    This property features: Water and sewer utilities available.; Excellent I-40/I-85 access.; Convenient to restaurants and shopping.
    (336) 214-0900
    Request Owner's contact information
    2843 Alamance Rd Burlington, NC 27215
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    Burlington, NC 27215
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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
    2843 Alamance Rd Burlington, NC 27215
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