4.571 acres of prime property available for residential or possibly commercial development. Located at corner of Highway 87 N & Shallowford Ch Rd. The property is approximately 3 miles from the Town of Elon and has water and sewer from Elon to rear of property. Property is approximately 3 miles from Burlington. Burlington has brought water by the property along Highway 87. Property can be annexed and zoned in Elon. The property is excellent location for a housing development with a convenience store w gas pumps at corner, drug store & grocery & other retail stores. Excellent location for a Storage facility. Elon will consider annexing the property for single family housing.