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    Property profile & analytics

    3158 Lear Dr Burlington, NC 27215-8817

    • Warehouses
    • 17,178 SF
    • 4.05 lot acres
    OFF-MARKET
    Value Estimation
    $4,950,000
    Last Sale
    Nov 23, 2022
    $4,600,000
    Location Intelligence
    Property ID
    US53-1414699
    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

    • Piedmont Portables / Portable Toilet Supplier / Party Equipment Rental Service
    • TCS Event Rentals / Party Equipment Rental Service / Equipment Rental Agency
    • The TES Group / Party Equipment Rental Service / Professional Services

    Property Details for 3158 Lear Dr

    Year built
    2000
    Lot size
    4.05 lot acres
    Property size
    17,178 SF
    Zone code
    I 1A,I 1
    Property type
    Warehouses
    APN
    120253
    APU
    120253

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,475,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,405,000
      6.5%
      $4,140,000
      7%
      $4,595,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,200,000
      Geo Method
      $4,315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,750,000
      Retail
      $3,730,000
      Mixed-Use
      $3,740,000
      Hospitality
      $4,740,000
      Educational
      $3,750,000
      Residential Income
      $5,025,000
      Energy
      $5,010,000
      Income-Based Land
      $4,705,000
      Food Service
      $4,235,000

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Alamance
    State
    North Carolina
    Longitude
    -79.4645
    Latitude
    36.0474
    CBSA code
    15500
    CBSA name
    BURLINGTON, NC METROPOLITAN STATISTICAL AREA

    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
    $4,406
    $242,400
    $777,508
    $1,019,908
    -
    $242,400
    $777,508
    $1,019,908

    Comparable in this City

    • Value Estimation by Request
      84,559 SF

      2050 Willow Spring Ln

      Distribution properties • 84,559 SF
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    • Value Estimation by Request
      2,000 SF

      727 Spg St

      WAREHOUSE, STORAGE • 2,000 SF
      727 Spg St, Burlington, NC 27215-5870
      View Details
    • Value Estimation by Request
      226.00 Acres

      Old Trail Rd

      Distribution properties • 226.00 Acres
      0 Old Trail Rd, Burlington, NC 27215
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    • Value Estimation by Request
      4,500 SF

      136 5th St

      WAREHOUSE, STORAGE • 4,500 SF
      136 5th St, Burlington, NC 27215-3826
      View Details
    • Value Estimation
      $515,000
      19,500 SF

      1530 Kirkpatrick Rd

      WAREHOUSE, STORAGE • 19,500 SF
      1530 Kirkpatrick Rd, Burlington, NC 27215-8922
      View Details
    • Value Estimation
      $495,000
      14,060 SF

      1712 Maple Ave

      WAREHOUSE, STORAGE • 14,060 SF
      1712 Maple Ave, Burlington, NC 27215-6846
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    • $4 SF/Yr
      250,000 SF

      Available Industrial Space Near I-85

      Up to 250,000 SF available near I-85 in Burlington, NC.
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    • Contact for pricing
      150,275 SF

      Warehouse/Manufacturing/Office Space Available

      150,275 SF warehouse/manufacturing/office space for lease.
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    • Contact for pricing
      84,506 SF

      Burlington Industrial Facility For Lease

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    • $12 SF/Yr
      5,720 SF

      Flex/Retail Spaces Available

      Multiple flex/retail spaces available for rent off Maple Avenue.
      705-713 Floyd St, Burlington, NC 27215
      View Details
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    3158 Lear Dr
    Burlington, NC 27215-8817
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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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