Property profile

206 Alamance Rd Burlington, NC 27215

OFF-MARKET
Office Spaces
Property ID
US53-1721568
1,168 SF 0.2 ac lot Built 1940
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1940
Total area 1,168 SF
Lot 0.2 ac (8,712 SF)
Zoning code OI
APN 121159
UPID US53-1721568

Cap rate & NOI

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

Location

206 Alamance Rd Burlington, NC 27215-5526
Burlington metro Census 20701 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
$200k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2004
Price N/A

Zoning & alternative use

OI · Burlington, NC
Zoning description

OI-LU Office Institutional-Limited Use NB-LU Neighborhood Business-Limited Use GB-LU General Business-Limited Use CBD-LU Central Business-Limited Use LI-LU Light Industrial-Limited Use MI-LU Medium Industrial-Limited Use…

General category CIVIC_INSTITUTIONAL

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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