$275,000
About this home
A 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 & 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.
Property details
- MLS
- Doorify MLS
- MLS #
- 10139324
- Property type
- Single Family Residence
- Subdivision
- Not in a Subdivision
- Status
- Active
- Days on market
- 286
- On market date
- July 8, 2026
- Stories
- N/A
- Total bathrooms
- 1
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.81 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 689
- Student:teacher ratio
- 14.4:1
- District
- Alamance-Burlington Schools
- Enrollment
- 955
- Student:teacher ratio
- 17.1:1
- District
- Alamance-Burlington Schools
- Enrollment
- 1,198
- Student:teacher ratio
- 17.9:1
- District
- Alamance-Burlington Schools
Walkability
Blended score for Elon's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
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Data source: Listing information provided by Doorify MLS via Trestle/CoreLogic. Last updated 2 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.