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    Property profile & analytics

    2174 Nc Hwy 87 Elon, NC 27244-8602

    • Manufacturing properties
    • 4,925 SF
    • 1.39 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Last Sale
    Jan 04, 2024
    Location Intelligence
    Property ID
    US53-1572051
    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.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 2174 Nc Hwy 87

    Year built
    1986
    Lot size
    1.39 lot acres
    Property size
    4,925 SF
    Property type
    Manufacturing properties
    APN
    110568
    APU
    110568

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elon
    County
    Alamance
    State
    North Carolina
    Longitude
    -79.5088
    Latitude
    36.1619
    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
    2023
    $1,650
    $34,245
    $275,976
    $310,221
    -
    $34,245
    $275,976
    $310,221

    Comparable in this City

    • Value Estimation
      $170,000
      5,320 SF

      949 Haggard Ave

      MANUFACTURING (LIGHT) • 5,320 SF
      949 Haggard Ave, Elon, NC 27244-9133
      View Details
    • Value Estimation
      $465,000
      11,649 SF

      1407 Nc Hwy 87

      MANUFACTURING (LIGHT) • 11,649 SF
      1407 Nc Hwy 87, Elon, NC 27244-9712
      View Details
    • Value Estimation
      $785,000
      103,708 SF

      100 Rego Dr

      MANUFACTURING (LIGHT) • 103,708 SF
      100 Rego Dr, Elon, NC 27244-9159
      View Details
    • Value Estimation by Request
      5,422 SF

      2795 Nc Hwy 87

      MANUFACTURING (LIGHT) • 5,422 SF
      2795 Nc Hwy 87, Elon, NC 27244-9563
      View Details
    • Value Estimation
      $865,000
      206,489 SF

      3726 Altamahaw Un Rdg Rd

      MANUFACTURING (LIGHT) • 206,489 SF
      3726 Altamahaw Un Rdg Rd, Elon, NC 27244
      View Details
    • Value Estimation
      $5,835,000
      110,999 SF

      212 Sonoco Dr

      MANUFACTURING (LIGHT) • 110,999 SF
      212 Sonoco Dr, Elon, NC 27244
      View Details

    Similar Nearby for Sale

    • $350,000

      Land Near Elon University

      Commercial land near Elon University with mixed-use zoning.
      815 E Haggard Ave, Elon, NC 27244
      View Details
    • New
      $249,999
      19.73 Acres

      Elon, NC Land Opportunity

      19.73 acres with recreation, vineyard, and development potential.
      19.73 Cannonball Rd, Elon, NC 27244
      View Details
    • $1,000,000
      19.66 Acres

      Elon Residential Land - 19.66 Acres

      Prime Elon location, 19.66 acres, residential zoning.
      0 Westbrook Ave, Elon, NC 27244
      View Details
    • $1,000,000
      19 SF

      Land for Sale in Elon

      19.66 acres at Westbrook Ave and University Drive.
      Westbrook Ave, Elon, NC 27244
      View Details
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    2174 Nc Hwy 87
    Elon, NC 27244-8602
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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