Investment Overview
Positioned at a signalized hard corner along W. Morganton Road, this ±2.45-acre pad-ready site offers a premier opportunity within one of Southern Pines’ fastest-growing commercial corridors. Surrounded by dense residential growth and established retail anchors, the property provides exceptional visibility and access to a strong, built-in customer base. With zoning and planning guidance supporting elevated, design-forward uses, the site is particularly well-suited for retail and office with potential for specific medical uses. The site is approved for up to 20,000 square feet (two buildings) with a current height limitation of 45’. In addition to retail and office, the area continues to show strong demand for hospitality uses, offering potential upside through a Special Use Permit.
Investment Highlights
- ±2.45-acre pad-ready outparcel
- Signalized hard corner with high visibility and accessibility
- 20,500+ VPD along W. Morganton Road
- Located within Morganton Park North mixed-use development
- Town-supported vision for high-quality, vertical development (2-story encouraged)
- Ideal for boutique retail and restaurants or marquee position for corporate office location
- Adjacent to Morganton Park South (Target, Golf Galaxy, national retailers)
- Immediate proximity to 300+ multifamily units and growing residential base
- Part of a 116+ acre master-planned mixed-use community
- Existing stormwater pond
- Strong tourism and destination demand from Southern Pines & Pinehurst market