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    OFF-MARKET
    Office buildings

    918 Chapel Hl Rd, Burlington, NC 27215-6715

    9,140 SF 9.15 ac lot Built 2001
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US53-1663305
    Property summary
    AI-generated overview

    This exceptional Class A office building, located at 918 Chapel Hill Rd, Burlington, NC 27215, offers 9,697 square feet of versatile space. Built in 2001, this two-story building sits on a 9.15-acre lot and features 30 parking spaces. The property is zoned Conditional and has a total of two suites, currently entirely vacant and available for lease. The minimum leasable space is 4,688 square feet, with the option to lease the entire 9,697 square feet contiguously. The interior boasts 8-foot ceilings and includes approximately 18 offices, four bathrooms, three conference rooms, and two open areas suitable for cubicles. Much of the existing furniture may remain. This former medical office and screening area presents a unique opportunity for a variety of uses, including medical offices, traditional office space, or coworking. The property's prime location near Collins Drive offers excellent accessibility and visibility. The APN is 132235. This is a turnkey opportunity for a business seeking a well-maintained, spacious, and conveniently located office building in Burlington, North Carolina.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2001
    Total area 9,140 SF
    Lot 9.15 ac (398,574 SF)
    APN 132235
    UPID US53-1663305
    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
    • AuthoraCare Collective | Burlington Campus Nursing Home
    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
    Authoracare Foundation · 3 yrs held
    Authoracare Foundation
    since 2022
    Last sale
    $280,000
    1 recorded transaction
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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