2843 Alamance Rd Burlington, NC 27215
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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.