117 Hwy, Burgaw, NC 28425
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.