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    2214 Webb Ave Burlington, NC 27217

    Sponsored
    For Sale
    $99,000

    2.7-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.7-acre commercial land parcel presents a unique investment opportunity in Burlington, North Carolina. Located at 2214 W. Webb Ave (tax records list address as 0 Park Rd, GPIN 8865193431), this property is ideally situated adjacent to a thriving neighborhood shopping center, offering excellent visibility and accessibility. Its strategic location also provides proximity to Elon University and Glen Raven Corporate Headquarters, ensuring a strong potential customer base for various commercial ventures. The property is zoned B-2 and GB (General Business), allowing for a wide range of development possibilities. Potential uses include retail establishments, service businesses, self-storage facilities, or even multi-family residential development, subject to local approvals. The asking price for this significant land holding is $99,000, representing a compelling entry point into the Burlington commercial real estate market. Given its size, zoning, and location, this property offers substantial upside potential for savvy investors seeking a high-return opportunity in a rapidly growing area. Detailed zoning information and development guidelines are readily available upon request. Don't miss this chance to acquire a prime piece of commercial real estate in a desirable location.

    Property Features for 2214 Webb Ave

    General Information

    Property type
    Land
    Lot Size
    117,612 SF

    HighLights

    • 2.7‑acre parcel, GB (General Business) zoning.
    • Excellent adjacency to a neighborhood shopping center.
    • Tax Parcel ID: 8865193431, located at 0 Park Road.
    • Suitable for retail, service, self‑storage, or multifamily development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Alamance
    State
    North Carolina
    Longitude
    -79.4688079
    Latitude
    36.1103309

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    FAQs

    What type of property is this?
    Land - 2.7-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 2214 Webb Ave Burlington, NC.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: 2.7-acre parcel, GB (General Business) zoning.; Excellent adjacency to a neighborhood shopping center.; Tax Parcel ID: 8865193431, located at 0 Park Road.
    (336) 380-0800
    Request Owner's contact information
    2214 Webb Ave Burlington, NC 27217
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    Burlington, NC 27217
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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
    2214 Webb Ave Burlington, NC 27217
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