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Property profile & analytics
OFF-MARKET Estimated value $905,000
Office buildings

209 Us Hwy 117th N Burgaw, NC 28425-5101

5,583 SF 0.91 ac lot Built 2006
Entity Owned 21-yr Hold Free & Clear
Property ID
US53-2307378
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2006
Total area 5,583 SF
Lot 0.91 ac (39,640 SF)
Zoning code RA
APN 3229-65-3012-0000
UPID US53-2307378
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
by Request
CAP Approach CAP
$1.17M
Comparable Approach Comparable
$646k
Blend (final) Blend
$905k
Owner & transaction history
Owens Family Ventures LLC · 21 yrs held
Owens Family Ventures LLC
since 2005
7 recorded transactions
2020
Price N/A
2016
Price N/A
2005
Price N/A
2005
$100,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
RA · Burgaw, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

4. Electric agricultural fences are only permitted in the RA residential zoning district. 74 5. All front yard fences or walls for a residential use and fences along any street right-of-way shall be constructed of wood, stone, brick, decorative concrete block, wrought iron, products created to resemble these materials, or a combination of any of these materi…

Zone name Rural Agricultural
General category RESIDENTIAL
Zone area 5,516.97 ac
Source Unified Development Ordinance
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