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Property profile & analytics
FOR LEASE
Super regional malls
309 Huffman Mill Rd Burlington, NC 27215
Entity Owned
Free & Clear
Property ID
US53-0725343
For Lease
1 / 8
Contact for pricing
309 Huffman Mill Rd, Burlington, NC 27215
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Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1969
Total area
370,000 SF
Lot
24.09 ac (1,049,360 SF)
Zoning code
B 2
APN
113749
UPID
US53-0725343
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
-
Dunham's Sports (Bike/Boat/Book/etc) Store
-
Hazel Grove Customs (Bike/Boat/Book/etc) Store
-
Elon Gifts (Bike/Boat/Book/etc) Store
-
Holly Nails Nail Salon
-
Toy World & Winter World (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.73M
Owner & transaction history
Kingdom Enterprises II LLC
Kingdom Enterprises II LLC
since 2026
7 recorded transactions
Zoning & alternative use
B 2 · Burlington, NC
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
$13 / SF
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
$66,903
Tax year 2023
Assessed value
$15,486,835
Assessed 2023
Previous assessed
$15,486,835
+0.0% YoY
Effective rate
0.43%
On assessed value
Assessed land
$5,645,250
Assessed improvement
$9,841,585
Land market value
$5,645,250
Improvement market value
$9,841,585
Total market value
$15,486,835
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
For Lease
Year built
1969
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
370,000 SF
Lot
24.09 ac (1,049,360 SF)
Zoning code
B 2
APN
113749
UPID
US53-0725343
Jurisdiction
ALAMANCE
Zoning & alternative use
B 2 · Burlington, NCZoning 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
Source
Burlington UDO 10 1 24
Building & site characteristics
From public records
Year built
1969
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
24.09 ac
Current owner
From public records · entity-resolved
Kingdom Enterprises II LLC
Entity
Free & Clear · 0 yrs held
Mailing address
309 HUFFMAN ML RD, BURLINGTON, NC 27215-5150
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2026
$600,000
Kingdom Enterprises II LLC
Holly Hill Mall LLC
Special Warranty Deed
—
Apr 29, 2022
—
Holly Hill Mall LLC
Church Street Commons Realty LLC
Deed
—
Sep 4, 2020
—
Holly Hill Mall LLC
—
Deed
related
$7,000,000 · American National Bank & Trust Co
Jun 20, 2018
—
Holly Hill Mall LLC
—
Deed
related
$6,800,000 · American National Bank And Trust Company
Sep 29, 2014
$625,000
Restaurant Prop Investors II
Holly Hill Mall LLC
Warranty Deed
$1,564,200 · Carolina Bank
May 7, 2010
$10,200,000
Holly Hill Mall LLC
102 Huffman Mill Road Holdings
Trustees Deed
$6,200,000 · Carter Bk&tr
Jul 14, 2005
$32,500,000
Burlington Mall LLC
Owner Name Unavailable
Grant Deed
related
—
—
—
Holly Hill Mall LLC
—
Deed Of Trust
related
$5,800,000 · Branch Banking & Trust Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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