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    119 S Nc Hwy, NC
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    Property profile & analytics

    119 S, Nc Hwy, NC

    View on Map

    • Strip malls
    • 24,461 SF
    • 2.35 lot acres
    Off-Market
    Last Sale Jun 13, 2023
    $3,900,000
    Property ID
    US53-2054003
    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.

    Value Estimations
    $3,885,000
    Show details
    Cap Rate Potential
    4.3%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details for 119 S

    Year built
    2007
    Lot size
    2.35 lot acres
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    170518
    APU
    170518

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 13, 2023 $3,900,000 Mebane Ridge LLC Pgp Alamance LLC Special Warranty Deed $2.7M · Southern First Bank NA
    Jul 12, 2018 $3,315,000 Pgp Alamance LLC Dm Morton Ents LLC Grant Deed $2.5M · Branch Bk&tr
    Aug 16, 2013 — Dm Morton Ents LLC Morton & Sharpe LLC Quit Claim Deed · related $1.9M · Wells Fargo Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,040,000
      ML approach
      $3,850,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,890,000
      6.5%
      $2,665,000
      7%
      $2,475,000
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $4,885,000
      OFFICE BUILDING
      $3,415,000
      COMMERCIAL (GENERAL)
      $3,340,000
      RESTAURANT
      $2,865,000
      AUTO REPAIR, GARAGE
      $2,650,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Nc Hwy
    County
    Alamance
    State
    North Carolina
    Longitude
    -79.3007
    Latitude
    36.0626
    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
    $27,240
    $669,200
    $2,727,255
    $3,396,455
    -
    $669,200
    $2,727,255
    $3,396,455
    More about this property
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