Technical
Financial
Distress signals
Property profile

1407 Nc Hwy 87 Elon, NC 27244

OFF-MARKET
Manufacturing properties
Property ID
US53-1554145
11,649 SF 2.5 ac lot Built 1985
Trust Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1985
Total area 11,649 SF
Lot 2.5 ac (108,900 SF)
APN 118397
UPID US53-1554145

Cap rate & NOI

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

Location

1407 Nc Hwy 87 Elon, NC 27244-9712
Elon metro Census 21600 BURLINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$705k
Comparable Approach Comparable
$501k
Blend (final) Blend
$360k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2013
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $835,000 +26.3%

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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