Property profile

University Dr Elon, NC 27244

OFF-MARKET
Commercial land
Property ID
US53-2003385
11.12 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 11.12 ac (484,387 SF)
Zoning code I 1
APN 108974
UPID US53-2003385

Cap rate & NOI

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

Location

University Dr Elon, NC 27244
Elon metro Census 21600 BURLINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2024
6 recorded transactions
2024
Price N/A
2019
Price N/A
2019
$500,000
2013
$85,000
2011
Price N/A
1969
Price N/A

Zoning & alternative use

I 1 · Elon, NC

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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