Property profile

2423 Corporation Pkwy Burlington, NC 27215

OFF-MARKET
Strip malls
Property ID
US53-0174852
5,000 SF 1.22 ac lot Built 1981
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1981
Total area 5,000 SF
Lot 1.22 ac (53,317 SF)
Zoning code I 2
APN 132212
UPID US53-0174852

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
  • Restaurant
  • Restaurant
  • Restaurant
  • Restaurant

Location

2423 Corporation Pkwy Burlington, NC 27215-6753
Burlington metro Census 20801 BURLINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2017
2 recorded transactions
2017
$240,000
2004
$325,000

Zoning & alternative use

I 2 · 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
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