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    Property profile & analytics

    315 Cornerstone Trl Elon, NC 27244-9414

    • Commercial real estate
    • 1,864 SF
    • 28.54 lot acres
    OFF-MARKET
    Value Estimation
    $450,000
    Last Sale
    Aug 11, 2023
    Location Intelligence
    Property ID
    US53-4491189
    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

    • Commercial real estate

    Property Details for 315 Cornerstone Trl

    Year built
    2005
    Lot size
    28.54 lot acres
    Property size
    1,864 SF
    Property type
    Commercial real estate
    APN
    0041.00.00.0120.0000
    APU
    41000001200000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elon
    County
    Caswell
    State
    North Carolina
    Longitude
    -79.4324
    Latitude
    36.3335

    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
    2023
    $2,422
    $79,172
    $205,355
    $284,527
    -
    $79,172
    $205,355
    $284,527

    Comparable in this City

    • Value Estimation
      $130,000
      1,536 SF

      892 Country Hls Trl

      COMMERCIAL (GENERAL) • 1,536 SF
      892 Country Hls Trl, Elon, NC 27244-8028
      View Details
    • Value Estimation
      $425,000
      3,100 SF

      7087 Sockwell Rd

      COMMERCIAL (GENERAL) • 3,100 SF
      7087 Sockwell Rd, Elon, NC 27244
      View Details
    • Value Estimation by Request
      2.30 Acres

      2216 Nc Hwy 87

      COMMERCIAL (GENERAL) • 2.30 Acres
      2216 Nc Hwy 87, Elon, NC 27244-9736
      View Details
    • Value Estimation by Request
      693 SF

      2959 Old Nc 87th Hwy

      COMMERCIAL (GENERAL) • 693 SF
      2959 Old Nc 87th Hwy, Elon, NC 27244-9618
      View Details
    • Value Estimation
      $420,000
      3,200 SF

      505 Haggard Ave

      COMMERCIAL (GENERAL) • 3,200 SF
      505 Haggard Ave, Elon, NC 27244-7665
      View Details
    • Value Estimation by Request
      1,480 SF

      1421 Shaw Rd

      COMMERCIAL (GENERAL) • 1,480 SF
      1421 Shaw Rd, Elon, NC 27244-8827
      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
    • $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
    • New
      $249,999
      19.73 Acres

      Elon, NC Land Opportunity

      19.73 acres with recreation, vineyard, and development potential.
      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
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    315 Cornerstone Trl
    Elon, NC 27244-9414
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    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
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