Property profile

115 Glendale Ave Burlington, NC 27215

OFF-MARKET
Office buildings
Property ID
US53-0581680
1,422 SF 0.37 ac lot Built 1915
Trust Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1915
Total area 1,422 SF
Lot 0.37 ac (16,248 SF)
Zoning code O I
APN 125348
UPID US53-0581680

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Spa & Massage Center Alternative Medicine Practice
  • Spa & Massage Center Skin Care Clinic

Location

115 Glendale Ave Burlington, NC 27215-5017
Burlington metro Census 20100 BURLINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
2010
Price N/A
2010
$87,000

Zoning & alternative use

O I · Burlington, NC
Zoning description

OI-LU Office Institutional-Limited Use NB-LU Neighborhood Business-Limited Use GB-LU General Business-Limited Use CBD-LU Central Business-Limited Use LI-LU Light Industrial-Limited Use MI-LU Medium Industrial-Limited Use…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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