Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2903 Gibsonville Ossipee Rd Elon, NC 27244-9706

    • Manufacturing properties
    • 38,280 SF
    • 3.46 lot acres
    OFF-MARKET
    Value Estimation
    $685,000
    Last Sale
    Oct 10, 2024
    Location Intelligence
    Property ID
    US53-1731648
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 2903 Gibsonville Ossipee Rd

    Year built
    1972
    Lot size
    3.46 lot acres
    Property size
    38,280 SF
    Property type
    Manufacturing properties
    APN
    110738
    APU
    110738

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $660,000

    • CAP approach

      CAP return
      Estimation
      6%
      $795,000
      6.5%
      $810,000
      7%
      $785,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $860,000
      Geo Method
      $780,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $845,000
      Retail
      $840,000
      Mixed-Use
      $830,000
      Hospitality
      $805,000
      Educational
      $935,000
      Residential Income
      $760,000
      Energy
      $890,000
      Income-Based Land
      $770,000
      Food Service
      $800,000

    Location Insight

    • Map
    • Local Demand
    City
    Elon
    County
    Alamance
    State
    North Carolina
    Longitude
    -79.5164
    Latitude
    36.1679
    CBSA code
    15500
    CBSA name
    BURLINGTON, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,646
    $46,980
    $822,940
    $869,920
    -
    $46,980
    $822,940
    $869,920

    Comparable in this City

    • Value Estimation
      $170,000
      5,320 SF

      949 Haggard Ave

      MANUFACTURING (LIGHT) • 5,320 SF
      949 Haggard Ave, Elon, NC 27244-9133
      View Details
    • Value Estimation
      $465,000
      11,649 SF

      1407 Nc Hwy 87

      MANUFACTURING (LIGHT) • 11,649 SF
      1407 Nc Hwy 87, Elon, NC 27244-9712
      View Details
    • Value Estimation
      $785,000
      103,708 SF

      100 Rego Dr

      MANUFACTURING (LIGHT) • 103,708 SF
      100 Rego Dr, Elon, NC 27244-9159
      View Details
    • Value Estimation
      $5,835,000
      110,999 SF

      212 Sonoco Dr

      MANUFACTURING (LIGHT) • 110,999 SF
      212 Sonoco Dr, Elon, NC 27244
      View Details
    • Value Estimation
      $270,000
      10,700 SF

      2440 Pitts Rd

      MANUFACTURING (LIGHT) • 10,700 SF
      2440 Pitts Rd, Elon, NC 27244-7662
      View Details
    • Value Estimation by Request
      5,422 SF

      2795 Nc Hwy 87

      MANUFACTURING (LIGHT) • 5,422 SF
      2795 Nc Hwy 87, Elon, NC 27244-9563
      View Details

    Similar Nearby for Sale

    • $1,000,000
      19.66 Acres

      Elon Residential Land - 19.66 Acres

      Prime Elon location, 19.66 acres, residential zoning.
      0 Westbrook Ave, Elon, NC 27244
      View Details
    • New
      $249,999
      19.73 Acres

      Elon, NC Land Opportunity

      19.73 acres with recreation, vineyard, and development potential.
      19.73 Cannonball Rd, Elon, NC 27244
      View Details
    • $350,000

      Land Near Elon University

      Commercial land near Elon University with mixed-use zoning.
      815 E Haggard Ave, Elon, NC 27244
      View Details
    • $1,000,000
      19 SF

      Land for Sale in Elon

      19.66 acres at Westbrook Ave and University Drive.
      Westbrook Ave, Elon, NC 27244
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2903 Gibsonville Ossipee Rd
    Elon, NC 27244-9706
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.