Property profile

2306 Park Rd Ext Burlington, NC 27215

OFF-MARKET
Warehouses
Property ID
US53-4062065
134,230 SF 17.08 ac lot Built 2015
Entity Owned Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2015
Total area 134,230 SF
Lot 17.08 ac (744,092 SF)
APN 172772
UPID US53-4062065

Cap rate & NOI

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

Location

2306 Park Rd Ext Burlington, NC 27215-1923
Burlington metro Census 20501 BURLINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$10.83M
CAP Approach CAP
$16.31M
Comparable Approach Comparable
$15.83M
Blend (final) Blend
$14.03M

Owner & transaction history

since 2026
Last sale
$14.7M
3 recorded transactions
2026
$14.7M
2021
$13.8M
2018
$9.6M

Zoning & alternative use

Top alternative use upside
Commercial (general) $18.2M +124.7%
Auto repair, garage $15.8M +95.6%
Office building $13.2M +63.3%

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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