Property profile

2208 Airpark Rd Burlington, NC 27215

OFF-MARKET
Manufacturing properties
Property ID
US53-0151559
78,812 SF 11.25 ac lot Built 1968
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1968
Total area 78,812 SF
Lot 11.25 ac (490,050 SF)
Zoning code I 1A
APN 120339
UPID US53-0151559

Cap rate & NOI

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

Location

2208 Airpark Rd Burlington, NC 27215-8824
Burlington metro Census 20801 BURLINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.78M
Comparable Approach Comparable
$3.48M
Blend (final) Blend
$4.32M

Owner & transaction history

since 2017
4 recorded transactions
2018
Price N/A
2017
$2.4M
2005
$3.4M
1969
Price N/A

Zoning & alternative use

I 1A · Burlington, NC
Top alternative use upside
Retail stores $6.8M +32.5%

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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