Property profile

3181 Lear Dr Burlington, NC 27215

OFF-MARKET
Manufacturing properties
Property ID
US53-1161111
62,644 SF 6.51 ac lot Built 1996
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1996
Total area 62,644 SF
Lot 6.51 ac (283,576 SF)
Zoning code I 1
APN 120251
UPID US53-1161111

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
  • Industrial Manufacturer Production Facility
  • Tea Manufacturer

Location

3181 Lear Dr Burlington, NC 27215-8817
Burlington metro Census 20702 BURLINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.80M
Comparable Approach Comparable
$2.46M
Blend (final) Blend
$740k

Owner & transaction history

since 2018
2 recorded transactions
2018
$8,000
2010
Price N/A

Zoning & alternative use

I 1 · Burlington, NC

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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