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Property profile

2948 Church St Burlington, NC 27215

OFF-MARKET
Retail space
Property ID
US53-5309066
View Sample
6,000 SF 0.62 ac lot Built 2001
Entity Owned 7-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2001
Total area 6,000 SF
Lot 0.62 ac (27,007 SF)
Zoning code B2
APN 113314
UPID US53-5309066

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
  • Gym & Fitness Center Alternative Medicine Practice
  • (Bike/Boat/Book/etc) Store
  • Accounting Firm Tax Preparation

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$768k
Blend (final) Blend
$275k

Owner & transaction history

since 2019
4 recorded transactions
2019
$900,000
2019
Price N/A
2008
$950,000
1969
Price N/A

Zoning & alternative use

B2 · Burlington, NC
Top alternative use upside
Commercial (general) $810,000 +57.4%
Auto repair, garage $705,000 +37.1%
Office building $590,000 +14.5%

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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