154 Huffman Ml Rd, Burlington, NC 27215-5113
This exceptional investment opportunity presents a two-story, 7,718 square foot office building situated on a 0.24-acre lot in Burlington, North Carolina. The property, encompassing two parcels (154 Huffman Mill Road and 171 Holly Hill Lane), offers convenient access via both front and rear entrances. An elevator ensures easy navigation between floors. The building's interior has been recently updated with fresh paint and new carpeting throughout. Multiple bathrooms are conveniently located on each floor, along with a dedicated break room for tenant use. Currently configured as multiple smaller office spaces, the building is leased to various tenants under individually negotiated lease terms. This presents a flexible income-generating asset with potential for future growth and customization. The property's prime location in Burlington offers excellent visibility and accessibility, making it an attractive option for a wide range of businesses. The sale includes both parcels, providing a substantial footprint for current and future development. This is an ideal opportunity for investors seeking a well-maintained, multi-tenant office building in a thriving North Carolina market. The existing leases provide immediate cash flow, while the updated interior and exterior offer a modern and appealing space for tenants. This turnkey investment is ready for a new owner to capitalize on its potential.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B 2 · Burlington, NCBurlington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.