Property profile

2961 CROUSE LN Burlington, NC 27215

OFF-MARKET
Medical Building
Property ID
US53-2196931
8,068 SF 0.91 ac lot Built 2005
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Property summary

AI-generated overview

A four-tenant, brick office building constructed in 2005, offering approximately 8,800 square feet of space. The building is configured for separate tenant occupancy with independent utility services for each unit; automatic entry doors open to a common area with elevator access. The property is situated on Lot 4 in Woodberry Park on an approximately one-acre site with about 300 feet of road frontage. It is located less than one mile from Alamance Regional Medical Center and Interstate 40/85 and is within walking distance of a substantial residential area, with nearby public transportation including a Link Transit bus stop about a two-minute walk away. Parking is provided with 40 spaces, equivalent to roughly 5 spaces per 1,000 square feet.

Property profile

Verified
Property type Medical Building
Year built 2005
Total area 8,068 SF
Lot 0.91 ac (39,422 SF)
APN 112951
UPID US53-2196931

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
  • Physician
  • Physician
  • Medical Clinic
  • Physician
  • Medical Clinic

Location

2961 CROUSE LN Burlington, NC 27215
Burlington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2026
Last sale
$1.6M
3 recorded transactions
2026
Price N/A
2025
Price N/A
2025
$1.6M
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