New search
Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Turn key restaurants
3108 Gdn Rd, Burlington, NC 27215-9784
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US53-1829995
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2008
Total area
11,154 SF
Lot
2.12 ac (92,347 SF)
Zoning code
B2
APN
112792
UPID
US53-1829995
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
-
Golden Corral Buffet & Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
Platinum Corral LLC A North Carolna · 8 yrs held
Platinum Corral LLC A North Carolna
since 2018
6 recorded transactions
Zoning & alternative use
B2 · 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
$45 / 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
$11,739
Tax year 2023
Assessed value
$2,717,410
Assessed 2023
Previous assessed
$2,717,410
+0.0% YoY
Effective rate
0.43%
On assessed value
Assessed land
$749,250
Assessed improvement
$1,968,160
Land market value
$749,250
Improvement market value
$1,968,160
Total market value
$2,717,410
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2008
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Bathrooms
5
Total area
11,154 SF
Lot
2.12 ac (92,347 SF)
Zoning code
B2
APN
112792
UPID
US53-1829995
Jurisdiction
ALAMANCE
Zoning & alternative use
B2 · Burlington, NC
Zoning B2 · permitted uses
B2 · 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
2008
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
5
Lot
2.12 ac
Current owner
From public records · entity-resolved
Platinum Corral LLC A North Carolna
Entity
Mailing address
521 NEW BRG ST, JACKSONVILLE, NC 28540-5430
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 18, 2019
—
Platinum Corral LLC
—
Deed
related
$600,000 · First Nat'l Bk/pa
Nov 20, 2018
—
Platinum Corral LLC
—
Deed
related
$722,500 · First Nat'l Bk/pa
May 16, 2018
$2,592,000
Platinum Corral LLC A North Carolna
Net Lease Funding 2005 LP A Delawar
Special Warranty Deed
$4,020,000 · First National Bank Of Pennsylvania
Mar 18, 2005
$2,252,065
Net Lease Funding 2005
Cnl Income Fund Xiv Ltd
Grant Deed
related
$275,000,000 · Wfb NA
—
—
Platinum Corral LLC
—
Deed Of Trust
related
$600,000 · First Nat'l Bk/pa
—
—
Platinum Corral LLC
—
Deed Of Trust
related
$722,500 · 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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