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Property profile & analytics
OFF-MARKET
Estimated value
$2,900,000
Turn key restaurants
521 Huffman Ml Rd, Burlington, NC 27215-5120
Entity Owned
~
Est. High Equity
Property ID
US53-0090885
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1999
Total area
6,992 SF
Lot
1.81 ac (78,931 SF)
Zoning code
B2
APN
113268
UPID
US53-0090885
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.52M
Blend (final)
Blend
$2.90M
Owner & transaction history
Cgh Burlington 1 LLC
Cgh Burlington 1 LLC
since 2026
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
B2 · Burlington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,900,000
ML approach
$2,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,535,000
Current use
Blend value · Realmo final
$2.90M
Range $2.61M – $3.19M · ±10% · vs last sale $2.90M (May 29 2024)
Last sale anchor
$2.90M
May 29 2024
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
$415 / 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
$7,969
Tax year 2023
Assessed value
$1,844,760
Assessed 2023
Previous assessed
$1,844,760
+0.0% YoY
Effective rate
0.43%
On assessed value
Assessed land
$632,700
Assessed improvement
$1,212,060
Land market value
$632,700
Improvement market value
$1,212,060
Total market value
$1,844,760
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1999
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
6,992 SF
Lot
1.81 ac (78,931 SF)
Zoning code
B2
APN
113268
UPID
US53-0090885
Jurisdiction
ALAMANCE
Zoning & alternative use
B2 · Burlington, NC
Zoning B2 · permitted uses
B2 · 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
RESTAURANT Current
Est. value
$3.5M
RESTAURANT Current
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
1999
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.81 ac
Current owner
From public records · entity-resolved
Cgh Burlington 1 LLC
Entity
Mailing address
1845 SAINT JULIAN PL, COLUMBIA, SC 29204-2411
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2026
—
Atlantic Sign Media INC
—
Deed
related
$680,000 · Pinnacle Bank
Mar 12, 2026
—
Cgh Burlington 1 LLC
Cg Burlington 1 LLC
Special Warranty Deed
$6,000,000 · Southern First Bank NA
May 29, 2024
$2,900,000
Cg Burlington 1 LLC
Fsc Och Burlington Nc LLC
Special Warranty Deed
$1,685,000 · United Bank
May 29, 2024
—
Cg Burlington 1 LLC
Fsc Och Burlington Nc LLC
Deed
$1,685,000 · United Bank
Oct 26, 2018
—
Fsc Och Burlington Nc LLC
—
Grant Deed
related
$150,000,000 · Citizens Bk NA
Sep 5, 2014
—
Fsc Och Burlington Nc LLC
—
Grant Deed
related
$15,000,000 · Peapack Gladstone Bk
Dec 31, 2012
$2,045,000
Fsc Och Burlington Nc LLC
Buzzard Bay Investments Corp
Warranty Deed
—
Sep 17, 2004
$2,375,000
Buzzard Bay Investment Corp
Burlington Prop Holding Corp
Grant Deed
—
Apr 1, 2004
$2,326,000
Burlington Prop Holding Corp
Cnl Funding 2001-a
Grant Deed
$1,750,000 · Harold Steiner
—
—
Fsc Och Burlington Nc LLC
—
Deed Of Trust
related
$3,000,000 · Peapack Gladstone Bk
—
—
Fsc Och Burlington Nc LLC
—
Deed Of Trust
related
$15,000,000 · Keybank USA
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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