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Property profile & analytics
OFF-MARKET
Estimated value
$1,395,000
Manufacturing properties
110 Broad St Burlington, NC 27217-3918
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-3449555
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1929
Total area
59,708 SF
Lot
2.92 ac (127,195 SF)
Zoning code
I 3
APN
136481
UPID
US53-3449555
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.64M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.40M
Owner & transaction history
City Storage Burlington LLC · 3 yrs held
City Storage Burlington LLC
since 2023
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
I 3 · Burlington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,345,000
ML approach
$1,635,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.40M
Range $1.26M – $1.53M · ±10% · vs last sale $1.30M (May 19 2023)
Last sale anchor
$1.30M
May 19 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$23 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,568
Tax year 2023
Assessed value
$594,342
Assessed 2023
Previous assessed
$594,342
+0.0% YoY
Effective rate
0.43%
On assessed value
Assessed land
$50,962
Assessed improvement
$543,380
Land market value
$50,962
Improvement market value
$543,380
Total market value
$594,342
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1929
Heating
YES
Cooling
NONE
Stories
1
Total area
59,708 SF
Lot
2.92 ac (127,195 SF)
Zoning code
I 3
APN
136481
UPID
US53-3449555
Jurisdiction
ALAMANCE
Zoning & alternative use
I 3 · Burlington, NC
Zoning I 3 · permitted uses
I 3 · Burlington, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1929
Heating
YES
Cooling
Yes
Stories
1
Lot
2.92 ac
Current owner
From public records · entity-resolved
City Storage Burlington LLC
Entity
Mailing address
616 MARKET ST, WILMINGTON, NC 28401-4637
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2023
$1,300,000
City Storage Burlington LLC
Properties LLC
Deed
$2,979,000 · United Community Bank
Dec 31, 2019
—
Tag Properties LLC
—
Deed
related
$390,800 · Bancorp Bk
Mar 14, 2018
—
Tag Properties LLC
—
Deed
related
$395,000 · Pinnacle Bk/quad Cities
Jul 19, 2017
—
Tag Properties LLC
—
Deed
related
—
Feb 3, 2005
$308,000
Tag Properties LLC
Maynard Properties LLC
Grant Deed
—
Aug 6, 2004
—
Maynard Properties LLC
Tower Mills INC
Quit Claim Deed
related
—
—
—
Tag Properties LLC
—
Deed Of Trust
related
$390,800 · Bancorp Bk
—
—
Tag Properties LLC
—
Deed Of Trust
related
$2,472,000 · Pinnacle Bk
—
—
Tag Properties LLC
—
Deed Of Trust
related
$473,450 · Branch Bk&tr
—
—
Tag Properties LLC
—
Deed Of Trust
related
—
—
—
Tag Properties LLC
—
Deed Of Trust
related
$308,000 · Branch Bk&tr
—
—
Tag Properties LLC
—
Deed Of Trust
related
$395,000 · Pinnacle Bk/quad Cities
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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