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Property profile & analytics
FOR SALE
Office Spaces
906 S Main St, Burlington, NC 27215
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-5796593
For Sale
1 / 13
$275,000
906 S Main St, Burlington, NC 27215
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1926
Construction
FRAME
Total area
1,532 SF
Lot
0.34 ac (14,810 SF)
Zoning code
B 2
APN
126521
UPID
US53-5796593
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
-
Coworking on Main, LLC Coworking & Hybrid Office
-
WindChime Realty & Property Management Real Estate Agency
-
Richard Paulicelli - Fathom Realty Real Estate Agency
-
Queensboro Accounting LLC Accounting Firm Tax Preparation
-
Excel Roofing Solutions Burlington Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nicola Properties LLC · 4 yrs held
Nicola Properties LLC
since 2022
Last sale
$161,000
5 recorded transactions
Zoning & alternative use
B 2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$711
Tax year 2023
Assessed value
$164,590
Assessed 2023
Previous assessed
$164,590
+0.0% YoY
Effective rate
0.43%
On assessed value
Assessed land
$84,290
Assessed improvement
$80,300
Land market value
$84,290
Improvement market value
$80,300
Total market value
$164,590
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
1926
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
6
Bathrooms
1
Total area
1,532 SF
Lot
0.34 ac (14,810 SF)
Zoning code
B 2
APN
126521
UPID
US53-5796593
Jurisdiction
ALAMANCE
Zoning & alternative use
B 2 · Burlington, NC
Zoning B 2 · permitted uses
B 2 · 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.
Building & site characteristics
From public records
Year built
1926
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Nicola Properties LLC
Entity
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2022
$161,000
Nicola Properties LLC
Stephanie Jill Chase
Warranty Deed
$160,000 · Stephanie Chase
Nov 9, 2021
—
Stephanie Jill Chase
Stephanie Chase
Intrafamily Transfer
related
—
Nov 4, 2015
$100,000
Chase,jean G Trust
Nicola Properties LLC
Warranty Deed
—
Mar 19, 2008
—
Nicola Properties LLC
Nicola,andraos N & Theodora M
Quit Claim Deed
related
—
Jan 7, 2005
$95,000
Nicola,andraos N & Theodora M
Debruler,jerry F & Linda W
Warranty Deed
$76,000 · Midcarolina Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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