Property profile

5631 Nc Hwy 62 Burlington, NC 27215

OFF-MARKET
Office buildings
Property ID
US53-1688557
23,584 SF 17.3 ac lot Built 1971
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1971
Total area 23,584 SF
Lot 17.3 ac (753,588 SF)
Zoning code MAINTANC
APN 105533
UPID US53-1688557

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5631 Nc Hwy 62 Burlington, NC 27215-9025
Burlington metro Census 21801 BURLINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.24M
Blend (final) Blend
$3.71M

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

MAINTANC · Burlington, NC
Top alternative use upside
Commercial (general) $3.2M +37.5%
Auto repair, garage $2.8M +19.7%

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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