Property profile

1524 Mebane St Burlington, NC 27215

OFF-MARKET
Apartment buildings
Property ID
US53-1962794
20,748 SF 3.96 ac lot Built 1989
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1989
Total area 20,748 SF
Lot 3.96 ac (172,498 SF)
Zoning code MF A
APN 122430
UPID US53-1962794

Cap rate & NOI

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

Location

1524 Mebane St Burlington, NC 27215-6105
Burlington metro Census 20702 BURLINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.54M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.43M

Owner & transaction history

since 2014
3 recorded transactions
2014
$2.1M
2012
$1.2M
2010
$1.4M

Zoning & alternative use

MF A · 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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