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Property profile & analytics
OFF-MARKET
Estimated value
$2,540,000
Turn key restaurants
1726 University Dr, Burlington, NC 27215
Entity Owned
~
Est. High Equity
Property ID
US53-2284919
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2011
Total area
5,907 SF
Lot
1.85 ac (80,455 SF)
Zoning code
CB
APN
106955
UPID
US53-2284919
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.98M
Blend (final)
Blend
$2.54M
Owner & transaction history
Cwc Carolina LLC
Cwc Carolina LLC
since 2025
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
CB · Burlington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,680,000
ML approach
$2,530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,985,000
Current use
Blend value · Realmo final
$2.54M
Range $2.29M – $2.79M · ±10% · vs last sale $2.25M (Dec 9 2022)
Last sale anchor
$2.25M
Dec 9 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$430 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,420
Tax year 2023
Assessed value
$2,180,650
Assessed 2023
Previous assessed
$2,180,650
+0.0% YoY
Effective rate
0.43%
On assessed value
Assessed land
$1,262,700
Assessed improvement
$917,950
Land market value
$1,262,700
Improvement market value
$917,950
Total market value
$2,180,650
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2011
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
5,907 SF
Lot
1.85 ac (80,455 SF)
Zoning code
CB
APN
106955
UPID
US53-2284919
Jurisdiction
ALAMANCE
Zoning & alternative use
CB · Burlington, NC
Zoning CB · permitted uses
CB · Burlington, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$3.0M
RESTAURANT Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2011
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.85 ac
Current owner
From public records · entity-resolved
Cwc Carolina LLC
Entity
Mailing address
176 MINE LK CT #100, RALEIGH, NC 27615-6417
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2025
$3,998,500
Cwc Carolina LLC
Gemcap Development LLC
Deed
related
$1,540,000 · Atlantic Union Bank
Dec 9, 2022
$2,250,000
1726 Nc LLC
Stephany Watson
Warranty Deed
—
Feb 7, 2019
—
Robinson,janet M 2019 F & Trust
Muleshoebar LLC
Grant Deed
—
May 14, 2018
—
Muleshoebar LLC
Robinson,janet M
Grant Deed
—
May 9, 2018
$2,238,500
Janet M Robinson
Arcp Rl Portfolio Viii LLC
Grant Deed
—
Apr 13, 2018
$2,238,500
Janet M Robinson
Arcp Rl Portfolio Viii LLC
Grant Deed
—
Aug 22, 2014
$2,007,500
Arcp Rl Portfolio Viii LLC
Gmri INC
Grant Deed
—
Apr 11, 2007
$1,300,000
Gmri INC
Alamance Crossing LLC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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