2716 Troxler RdBurlington, NC 27215

  • Office buildings
  • 12,510 SF
For Sale
$2,500,000 View listing

Property Details for 2716 Troxler Rd

Year built
2000
Lot size
2.93 AC
Property size (Sq ft)
12,510 SF
Zone code
I 1
Property type
Office buildings
APN
112233
APU
112233

Description

This exceptional investment opportunity presents a 12,500 square foot medical office complex situated on a 2.94-acre lot in Burlington, North Carolina. The property, located at 2716 Troxler Road, features two buildings, each two stories high, boasting a Class B rating. The zoning is I-2, allowing for flexibility in usage. The complex is ideally suited for single or multi-tenant occupancy. A key feature is the inclusion of an adjacent pad, providing ample space for future expansion or development. The property includes a metal warehouse equipped with heating and cooling systems, enhancing its functionality and appeal. Convenient access is provided by two loading docks and a drive-in door on each building. The high ceilings, measuring 25 feet, offer significant vertical space. The asking price is $2,500,000, translating to $200 per square foot. This prime location offers easy access to Burlington Airport and is just one mile from the intersection of Interstates 40 and 85, providing excellent connectivity and visibility. The property's APN is 20292837. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,772,100
    6.5%
    $2,558,870
    7%
    $2,376,090
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,871,550
    Geo Method
    $2,871,550
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $5,472,880
    Retail / Commercial
    $2,721,300
    Mixed-Use / Specialty
    $2,644,480
    Hospitality / Lodging
    $1,852,790
    Institutional / Educational
    $2,725,210
    Residential Income
    $3,188,490
    Multifamily
    $4,196,170
    Automotive / Energy
    $2,335,890
    Parking / Income-Based Land
    $872,395
    Restaurant / Food Service
    $1,232,180
    Healthcare / Senior Housing
    $2,780,690

Location Insight

City
Burlington
County
Alamance
State
North Carolina
Latitude
36.0485
Longitude
-79.4846
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
$9,529
$132,075
$2,073,614
$2,205,689
-
$132,075
$2,073,614
$2,205,689

FAQs

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