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Investment Highlights

  • Approved hotel zoning with allowance for a 4-story structure, positioning this as a scarce development scenario in Bermuda Run.
  • Immediate hospitality demand proven by independent market studies citing significant room night shortfall in the trade area.
  • Opportunity for integrated mixed-use synergy with adjacent restaurant and retail concepts envisioned in the area plan.
  • Located in an affluent community with one of the highest income demographics in North Carolina.
  • Proximity to major regional draws including Truist Sports Park, Rise Indoor Sports Complex, Tanglewood Park, and WinMock Event Center.

Executive Summary

This offering represents a unique opportunity to develop an upscale hotel in one of North Carolina’s most underserved hospitality markets. Zoning allows for a hotel building up to four stories (potentially five per approved plan discussions) – a rare allowance in Bermuda Run. Market studies indicate an unmet demand of approximately 355 hotel rooms per night, driven by Truist Sports Park, WinMock Event Center, and Rise Indoor Sports Complex, which attract national tournaments and corporate events. This site’s premium visibility, entitlements, and hospitality demand drivers position it as one of the region’s most compelling investment opportunities for hotel developers seeking immediate impact and long-term growth.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Hotel
  • Neighbourhood Centre
Total Lot Size 2.70 AC
Zoning BERMUDA RUN VM - BERMUDA RUN VM

1 Lot Available

Lot

Lot Size 2.70 AC

This site spans approximately 2.7 acres along Highway 158 in Bermuda Run, NC. The property lies within an upscale community with some of the highest household income levels in the state. Located adjacent to a quickly developing corridor.

Description

The land is zoned Bermuda Run Village Mixed-Use (VM) and carries an approved hotel use, making it a rare entitlement in the area. The parcel is level, promoting walkability between the proposed hotel, adjacent retail parcels, and nearby recreational amenities. This location serves as a gateway for visitors frequenting local sports complexes, event facilities, and Tanglewood Park. Accessibility is exceptionally convenient via Highway 158 and Interstate 40, providing direct commuter and regional connectivity.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
C8-000-00-178
Land Assessment
$788,119 CAD
Improvements Assessment
$0 CAD
Total Assessment
$788,119 CAD
  • Listing ID: 39934979

  • Date on Market: 2026-03-27

  • Last Updated:

  • Address: Hwy 158, Bermuda Run, NC 27006

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