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Property profile & analytics
OFF-MARKET
Estimated value
$6,960,000
Automotive properties
3860 Danbrook Rd, Burlington, NC 27215-9708
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0606997
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2010
Total area
50,856 SF
Lot
17.17 ac (748,012 SF)
Zoning code
I 1A
APN
106849
UPID
US53-0606997
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
-
Burlington Revival Church
-
Cox Toyota Car Dealership
-
Cox Rental Cars Car Rental Facility
-
Cox Toyota Service Center Auto Repair Shop Vehicle Inspection Center
-
Cox Toyota Parts Department Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.04M
Blend (final)
Blend
$6.96M
Owner & transaction history
Cox Associates LLC · 6 yrs held
Cox Associates LLC
since 2019
4 recorded transactions
Zoning & alternative use
I 1A · Burlington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.9M
+14.9%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$5,990,000
Current use
COMMERCIAL (GENERAL)
$6,880,000
Change: +15% · Conversion: Moderate
OFFICE BUILDING
$5,000,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$6.96M
Range $6.26M – $7.66M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$137 / 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
$30,327
Tax year 2023
Assessed value
$7,020,089
Assessed 2023
Previous assessed
$7,020,089
+0.0% YoY
Effective rate
0.43%
On assessed value
Assessed land
$1,702,250
Assessed improvement
$5,317,839
Land market value
$1,702,250
Improvement market value
$5,317,839
Total market value
$7,020,089
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2010
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
50,856 SF
Lot
17.17 ac (748,012 SF)
Zoning code
I 1A
APN
106849
UPID
US53-0606997
Jurisdiction
ALAMANCE
Zoning & alternative use
I 1A · Burlington, NC
Zoning I 1A · permitted uses
I 1A · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$6.0M
COMMERCIAL (GENERAL)
Est. value
$6.9M
OFFICE BUILDING
Est. value
$5.0M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2010
Heating
NONE
Cooling
Yes
Stories
1
Lot
17.17 ac
Current owner
From public records · entity-resolved
Cox Associates LLC
Entity
Mailing address
604 GREYROCK RD, WHITSETT, NC 27377-9225
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2019
—
Cox Associates LLC
—
Deed
related
$500,000 · Branch Bk&tr
—
—
Cox Associates LLC
—
Deed Of Trust
related
$500,000 · Branch Bk&tr
—
—
Cox Associates LLC
—
Deed Of Trust
related
$6,197,682 · Branch Bk&tr
—
—
Cox Associates LLC
—
Deed Of Trust
related
$2,000,000 · Self-help Ventures Fnd
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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