Technical
Financial
Distress signals
Property profile

118 Alamance Rd Burlington, NC 27215

OFF-MARKET
Assisted living facilities
Property ID
US53-1950981
53,712 SF 2.83 ac lot Built 1998
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1998
Total area 53,712 SF
Lot 2.83 ac (123,275 SF)
Zoning code B 2
APN 121420
UPID US53-1950981

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
  • Nursing Home Retirement Community

Location

118 Alamance Rd Burlington, NC 27215-5583
Burlington metro Census 20701 BURLINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.91M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.75M

Owner & transaction history

since 2025
Last sale
$10.3M
2 recorded transactions
2025
Price N/A
2011
$10.3M

Zoning & alternative use

B 2 · Burlington, NC

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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