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    Property profile & analytics

    609 Greenwood Dr Burlington, NC 27217-7995

    • Grocery and convenience stores
    • 1,972 SF
    • 0.72 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Last Sale
    Mar 17, 2023
    $287,500
    Location Intelligence
    Property ID
    US53-1951036
    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

    • Hunt Brothers Pizza / Pizza Restaurant
    • ATM / Atm
    • Indian Valley Mini Mart / Convenience Store / Grill
    • Shell / Gas Station

    Property Details for 609 Greenwood Dr

    Year built
    1987
    Lot size
    0.72 lot acres
    Property size
    1,972 SF
    Property type
    Grocery and convenience stores
    APN
    141284
    APU
    141284

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $260,000
      6.5%
      $220,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $210,000
      Geo Method
      $225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $195,000
      Retail
      $215,000
      Mixed-Use
      $205,000
      Hospitality
      $230,000
      Educational
      $205,000
      Residential Income
      $195,000
      Energy
      $255,000
      Income-Based Land
      $250,000
      Food Service
      $220,000

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Alamance
    State
    North Carolina
    Longitude
    -79.44
    Latitude
    36.1431
    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
    $967
    $36,150
    $152,747
    $188,897
    -
    $36,150
    $152,747
    $188,897

    Comparable in this City

    • Value Estimation
      $965,000
      2,010 SF

      1846 Church St

      CONVENIENCE STORE • 2,010 SF
      1846 Church St, Burlington, NC 27217-2925
      View Details
    • Value Estimation
      $215,000
      2,088 SF

      1345 Mebane St

      CONVENIENCE STORE • 2,088 SF
      1345 Mebane St, Burlington, NC 27217-4138
      View Details
    • Value Estimation
      $225,000
      2,412 SF

      839 Rauhut St

      CONVENIENCE STORE • 2,412 SF
      839 Rauhut St, Burlington, NC 27217-2465
      View Details
    • Value Estimation
      $365,000
      3,300 SF

      1309 Rauhut St

      CONVENIENCE STORE • 3,300 SF
      1309 Rauhut St, Burlington, NC 27217-1446
      View Details
    • Value Estimation
      $100,000
      432 SF

      903 Graham Hopedale Rd

      CONVENIENCE STORE • 432 SF
      903 Graham Hopedale Rd, Burlington, NC 27217-4329
      View Details
    • Value Estimation
      $320,000
      1,750 SF

      5401 Nc Hwy 119

      CONVENIENCE STORE • 1,750 SF
      5401 Nc Hwy 119, Burlington, NC 27217-9047
      View Details

    Similar Nearby for Sale

    • $85,000

      Corner Lot Brick Building

      High-traffic corner lot, versatile space for various business ventures.
      633 Rauhut St, Burlington, NC 27217
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    • $389,000
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      Main Street Mixed-Use Building

      Remodeled mixed-use building with retail and residential potential.
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    • Contact for pricing
      1.05 Acres

      NC State Retail Development Site

      1.05-acre vacant lot, prime location.
      0 Bagwell Ave. & Hillsborough St, Burlington, NC 27217
      View Details
    • $125,000
      3.03 Acres

      Burlington Land For Sale

      3.03 acres of land zoned for multi-family development.
      Baldwin Rd, Burlington, NC 27217
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    • $56,000

      Residential Lot with Existing Building

      Subdivided 0.84-acre lot with septic system in Burlington, NC.
      904 Boone Rd, Burlington, NC 27217
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      10,625 SF

      Downtown Burlington Building For Rent

      Office and retail space in downtown Burlington with parking.
      707 S Main St, Burlington, NC 27217
      View Details
    • $7 SF/Yr
      13,961 SF

      Versatile Burlington Building For Lease

      Adaptable commercial space suitable for office, warehouse, or retail use.
      707 E Webb Ave, Burlington, NC 27217
      View Details
    • Contact for pricing
      1,170 SF

      Retail Space in New Market

      Retail space available in New Market Square.
      2753-2781 S Church St, Burlington, NC 27217
      View Details
    • Contact for pricing
      18,750 SF

      Burlington Warehouse: 18,750 SF

      Spacious Alamance County warehouse available.
      664 Gilmer St, Burlington, NC 27217
      View Details
    • $4 SF/Yr
      68,135 SF

      Burlington Industrial Property For Sale

      68,135 SF Manufacturing/Warehouse in NC
      201 Cobb Ave, Burlington, NC 27217
      View Details
    • $25,550
      68,135 SF

      Burlington Manufacturing and Warehouse Space

      Manufacturing and warehouse space with highway access in Burlington, NC.
      201 N Cobb Ave, Burlington, NC 27217
      View Details
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    609 Greenwood Dr
    Burlington, NC 27217-7995
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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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