Courtesy: Howard Hanna Allen Tate Burlington
336-227-3666
An exceptionally rare opportunity to reimagine and invest in almost an acre parcel in one of Alamance County's most desirable and busy corridors surrounded by the beautiful and vibrant Elon University Campus (recently ranked in the top 100 universities nationally), amenities, residential area and businesses. This approximately .808-acre parcel features an existing residence that may be renovated or removed for new development. The lot configuration lends itself to vertical mixed-use concepts, including retail or office on the ground level with potential residential unit(s) above, as well as boutique commercial uses such as a coffee shop, salon, or specialty retail. Small multifamily residential options may be feasible, subject to local zoning and approvals. Surrounded by university activity & housing, established neighborhoods, and growing commercial demand, this property offers exceptional visibility, consistent traffic, and long-term upside. Whether restoring the existing structure or pursuing redevelopment, this site is well-positioned for investors and owner-users seeking flexibility and location-driven value. Zoning and development feasibility to be verified by buyer.
Elon is located in North Carolina. Elon, North Carolina has a population of 11,059. Elon is more family-centric than the surrounding county with 42.84% of the households containing married families with children. The county average for households married with children is 29.85%.
The median household income in Elon, North Carolina is $68,031. The median household income for the surrounding county is $55,078 compared to the national median of $69,021. The median age of people living in Elon is 21.9 years.
The average high temperature in July is 89.3 degrees, with an average low temperature in January of 28.3 degrees. The average rainfall is approximately 45 inches per year, with 3.6 inches of snow per year.
