Description
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 & 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, approvals & layout. Surrounded by university activity & housing, established neighborhoods, and growing commercial demand, this property offers exceptional visibility, consistent traffic, great visibility 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.
Details
| MLS # | 10139324 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 307 |
| Listing Provided By | Howard Hanna Allen Tate Burlington | Kristy Smith |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,000 |
| Story(s) | 1 |
| Acreage | 0.81 |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Other |
| Rooms Total | 1 |
Exterior
| Roof | Asphalt |
|---|---|
| Foundation Details | Crawlspace |
| Lot Features | City Lot, See Remarks |
| Construction Materials | Unknown |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Assessed Value | 66800 |
|---|---|
| Tax Legal Description | Hl 805 E Haggard Ave 3-10-8 |
| Tax Year | 2025 |
Other
| Accessibility Features | No |
|---|
Area Information
| State | NC |
|---|---|
| County | Alamance |
| City | Elon |
| Zip Code | 27244 |
| Area | Alamance |
| Community Name | Not in a Subdivision |
| School District | Alamance - Western Alamance |
| Elementary School | Alamance Burlington - Elon Eleme |
| High School | Alamance - Western Alamance |
| Listing VS Median (in Not in a Subdivision) | |
Price: $275,000 low | high Med: $309,900 sqft: 1,000 low | high Med: 1,779 $ / sqft: $275 low | high Med: $175 On site: 307 low | high Med: 205.5 | |
Market Activity 27244
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Learn More About This Property
| State | NC |
|---|---|
| County | Alamance |
| City | Elon |
| Zip Code | 27244 |
| Area | Alamance |
| Community Name | Not in a Subdivision |
| School District | Alamance - Western Alamance |
| Elementary School | Alamance Burlington - Elon Eleme |
| High School | Alamance - Western Alamance |
| Listing VS Median (in Not in a Subdivision) | |
Price: $275,000 low | high Med: $309,900 sqft: 1,000 low | high Med: 1,779 $ / sqft: $275 low | high Med: $175 On site: 307 low | high Med: 205.5 | |