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    117 Hwy Burgaw, NC 28425

    Sponsored
    For Sale
    $1,750,000

    Prime 29-Acre Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 29.51-acre commercial land parcel presents a unique development opportunity, strategically located at the high-visibility interchange of I-40 and US 117 in Pender County, North Carolina. Situated just minutes from Burgaw and a short 18-minute drive to Wilmington, this site boasts a significant advantage with a robust North Carolina Department of Transportation (NCDOT) traffic count of 30,000 vehicles per day. Previously platted for a fuel depot and refilling station, the property is fully graded and includes a pre-installed retention pond. Detailed preliminary engineering and site plans are available upon request, streamlining the development process. Utilities are provided by Pender County, serving the Town of Burgaw, with a "will serve" letter confirming a substantial 750,000 gallons per day (GPD) wastewater capacity and access to a 10-inch water main along US 117. Zoned General Business (GB), this property allows for a diverse range of commercial uses. The property's APN is 3314-71-0341-000. Located at 0 117 Hwy & I40, Union, NC 28425, this offering is priced at $1,750,000. Pender County's status as the second fastest-growing county in North Carolina underscores the exceptional growth potential and long-term value of this investment, supported by ongoing economic expansion, infrastructure improvements, and quality of life initiatives. This is a prime opportunity to capitalize on the burgeoning growth in one of North Carolina's most dynamic areas.

    Property Features for 117 Hwy

    General Information

    Property type
    Land
    Lot Size
    1,285,456 SF

    HighLights

    • High‑visibility location at a major interchange.
    • Previously platted for a fuel station; fully graded with retention pond.
    • Engineering and site plans available.
    • 750,000 GPD wastewater capacity and 10” water main confirmed by Pender County.
    • General Business (GB) zoning allows diverse commercial uses.
    • Strong growth potential in rapidly expanding Pender County, NC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Burgaw
    County
    Pender
    State
    North Carolina
    Longitude
    -77.945475703226
    Latitude
    34.68332697315

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    FAQs

    What type of property is this?
    Land - Prime 29-Acre Development Site
    Where is this land located?
    The property is located at 117 Hwy Burgaw, NC.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: High-visibility location at a major interchange.; Previously platted for a fuel station; fully graded with retention pond.; Engineering and site plans available.
    (919) 646-2455
    Request Owner's contact information
    117 Hwy Burgaw, NC 28425
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    Burgaw, NC 28425
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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
    117 Hwy Burgaw, NC 28425
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