Property profile

315 Macarthur Ln Burlington, NC 27217

OFF-MARKET
Manufacturing properties
Property ID
US53-1116380
34,828 SF 6.5 ac lot Built 1974
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1974
Total area 34,828 SF
Lot 6.5 ac (283,140 SF)
Zoning code I2
APN 118043
UPID US53-1116380

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
  • Factory Industrial Manufacturer

Location

315 Macarthur Ln Burlington, NC 27217-8739
Burlington metro Census 20501 BURLINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.94M
CAP Approach CAP
$2.11M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.82M

Owner & transaction history

since 2023
Last sale
$2.7M
7 recorded transactions
2023
$2.7M
2021
Price N/A
2016
Price N/A
2012
Price N/A
2007
$400,000
2007
Price N/A
1969
Price N/A

Zoning & alternative use

I2 · Burlington, NC
Top alternative use upside
Auto repair, garage $4.1M +81.5%
Commercial (general) $3.8M +67.5%
Office building $3.4M +48.4%

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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