Property profile

1616 Memorial Dr Burlington, NC 27215

OFF-MARKET
Medical Office Space
Property ID
US53-1646651
3,120 SF 0.49 ac lot Built 1999
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1999
Total area 3,120 SF
Lot 0.49 ac (21,519 SF)
Zoning code R OI
APN 123519
UPID US53-1646651

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
  • Dental Office
  • Dental Office

Location

1616 Memorial Dr Burlington, NC 27215-3518
Burlington metro Census 20602 BURLINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

Zoning & alternative use

R OI · 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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