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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
2628 Alamance Rd Burlington, NC 27215-6256
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US53-2136244
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2009
Total area
4,931 SF
Lot
1.62 ac (70,524 SF)
Zoning code
B 2
APN
120757
UPID
US53-2136244
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Sheetz Grocery & Convenience Store
-
PNC ATM Atm
-
ATM M&t Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lhs-burlington LLC · 13 yrs held
Lhs-burlington LLC
since 2013
7 recorded transactions
Zoning & alternative use
B 2 · Burlington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,179
Tax year 2023
Assessed value
$1,661,796
Assessed 2023
Previous assessed
$1,661,796
+0.0% YoY
Effective rate
0.43%
On assessed value
Assessed land
$736,593
Assessed improvement
$925,203
Land market value
$736,593
Improvement market value
$925,203
Total market value
$1,661,796
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2009
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
4,931 SF
Lot
1.62 ac (70,524 SF)
Zoning code
B 2
APN
120757
UPID
US53-2136244
Jurisdiction
ALAMANCE
Zoning & alternative use
B 2 · Burlington, NC
Zoning B 2 · permitted uses
B 2 · Burlington, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.62 ac
Current owner
From public records · entity-resolved
Lhs-burlington LLC
Entity
Mailing address
4517 W MARKET ST, GREENSBORO, NC 27407-1540
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2023
—
Lhs Burlington LLC
—
Deed
related
$500,000 · First National Bank Of Pennsylvania
Aug 21, 2020
—
Lhs-burlington LLC
—
Deed
related
$800,000 · First Nat'l Bk/pa
Dec 22, 2016
—
Lhs-burlington LLC
—
Deed
related
$200,000 · Newbridge Bk
Jun 28, 2013
—
Lhs-burlington LLC
Libby Hill Seafood Restaurants
Grant Deed
related
$1,100,000 · Premier Commercial Bank NA
Feb 16, 2007
—
Lhs Burlington LLC
Libby Hill Seafood Restaurants
Grant Deed
related
—
—
—
Lhs-burlington LLC
—
Deed Of Trust
related
$200,000 · Newbridge Bk
—
—
Lhs-burlington LLC
—
Loan Modification
related
$800,000 · First Nat'l Bk/pa
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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