2090 Church St Burlington, NC 27215-5326
Property profile & analytics
2090 Church St Burlington, NC 27215-5326
- Car washes
- 2,201 SF
- 1.40 lot acres
Property ID
US53-4960196
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Autobell Car Wash / Car Wash
Property Details for 2090 Church St
- Year built
- 1986
- Lot size
- 1.40 lot acres
- Property size
- 2,201 SF
- Zone code
- B 2
- Property type
- Car washes
- APN
- 120952
- APU
- 120952
Description
This exceptional investment opportunity encompasses two parcels totaling approximately two acres of land situated at a signalized intersection in Burlington, North Carolina, at 2090 & 2110 S Church St and 2120 May Dr. The property features a diverse tenant mix including an Autobell Carwash, Snappy Lube, and Omega Funeral Services and Crematory. These tenants provide strong, long-term income streams, with leases structured as Net, Net, Net (NNN) agreements. The Autobell Carwash operates under a new five-year lease with options to extend, while Snappy Lube has a new three-year lease with similar extension options. Omega Funeral Services and Crematory also benefits from a new five-year lease with options to extend. The combined annual Net Operating Income (NOI) is $120,000, representing a 7.50% capitalization rate on the asking price of $1,600,000. The landlord is responsible for roof and structure maintenance. This property presents a compelling investment opportunity due to its strong tenant occupancy, favorable lease terms, and strategic location in a high-traffic area. The property's size is listed as 1 square foot, however, this is likely an error in the data provided. The actual size is reflected in the two-acre lot size.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Alamance
- State
- North Carolina
- Longitude
- -79.468
- Latitude
- 36.0818
- CBSA code
- 15500
- CBSA name
- BURLINGTON, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,363
$262,062
$881,510
$1,143,572
-
$262,062
$881,510
$1,143,572
