Property profile

2307 Eric Ln Burlington, NC 27215

OFF-MARKET
Turn key restaurants
Property ID
US53-2020882
5,022 SF 1.93 ac lot Built 1999
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1999
Total area 5,022 SF
Lot 1.93 ac (84,071 SF)
Zoning code I2
APN 120491
UPID US53-2020882

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • High School Daycare Center

Location

2307 Eric Ln Burlington, NC 27215-5382
Burlington metro Census 20701 BURLINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.47M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.91M
Blend (final) Blend
$1.43M

Owner & transaction history

since 2021
Last sale
$1.4M
4 recorded transactions
2026
Price N/A
2021
$1.4M
2020
$500,000
2012
$637,000

Zoning & alternative use

I2 · Burlington, NC

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2307 Eric Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message