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Property profile & analytics

1006 Main St Burlington, NC 27215-5759

  • Office buildings
  • 1,452 SF
  • 0.84 lot acres
OFF-MARKET
Last Sale
Dec 15, 2021
$90,000
Value Estimations
$90,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US53-5658001
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Mycorrhiza Biotech / Biotechnology Company / Agricultural Service

Property Details for 1006 Main St

Year built
1965
Lot size
0.84 lot acres
Property size
1,452 SF
Zone code
O I
Property type
Office buildings
APN
125960
APU
125960

Description

This exceptional office building, situated at 1006 S Main Street in Burlington, NC, presents a compelling investment opportunity. The property boasts a prime location, offering convenient access to downtown Burlington's amenities and vibrant business community. The building itself sits on a nearly one-acre corner lot, providing ample space and visibility. A fenced backyard enhances privacy and security, while also offering additional outdoor space. The interior comprises approximately 600 square feet of versatile office space, including a welcoming front office area, two large rooms adaptable to various uses, a dedicated conference room perfect for meetings and presentations, a small kitchen for staff convenience, and two bathrooms. Adding to the property's unique features is a 600-square-foot greenhouse located in the backyard, offering potential for various uses. The building is further enhanced by a new roof installed in 2021, ensuring long-term structural integrity and minimizing maintenance concerns. This property is ideal for a variety of businesses seeking a well-maintained, spacious, and conveniently located office space in a thriving North Carolina city. The combination of prime location, ample space, and recent improvements makes this an attractive investment opportunity. The nearly one-acre lot offers potential for future expansion or development. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $90,000
    ML approach
    $85,000
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $145,000
    Current use
    RETAIL STORES
    $125,000
    Change: -13% Conversion: Moderate

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Burlington
County
Alamance
State
North Carolina
Longitude
-79.4442
Latitude
36.0885
CBSA code
15500
CBSA name
BURLINGTON, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,092
$181,122
$71,756
$252,878
-
$181,122
$71,756
$252,878
More about this property
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