3802 Rural Retreat Rd Burlington, NC 27215
- Grocery and convenience stores
- 4.00 lot acres
Current Use by Public Records
- Grocery and convenience stores
Property Details for 3802 Rural Retreat Rd
- Lot size
- 4.00 lot acres
- Property type
- Grocery and convenience stores
- Property subtype
- Gas stations
Description
This ±4.5-acre parcel in Burlington, North Carolina, presents a significant retail development opportunity. Located on Rural Retreat Road, the property enjoys exceptional visibility and high traffic counts, boasting approximately 36,000 vehicles per day on University Drive and over 124,000 vehicles per day on Interstate-85. The site is zoned General Business (GB), allowing for a wide range of uses, including restaurants, gas stations, and convenience stores. Its strategic location near Interstates 40 and 85 places it within easy reach of a substantial consumer base. The property benefits from its proximity to major commercial centers like Alamance Crossing (70 stores, 855,000 sq. ft.) and University Commons (227,000+ sq. ft.), as well as numerous restaurants, financial institutions, and residential developments. Furthermore, its location is just one mile from Cone Health Alamance Regional Hospital and next to Cone Health Urgent Care, and 2.5 miles from Elon University, a top-ranked private university. The property is also within four miles of LabCorp's corporate headquarters. The asking price is $6,250,000, or the property can be purchased as two ±2-acre parcels for $3,250,000 each. Alamance County's strong economic stability further enhances the investment potential of this prime commercial land. This long-time family-owned property offers exceptional potential for significant return. The property's zip code is 27215.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Alamance
- State
- North Carolina
- Longitude
- -79.5197915
- Latitude
- 36.0717507
