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311 Trollinger St 2,500 SF 100% Leased Retail Building Burlington, NC 27215 $250,000 ($100/SF) 8.25% Cap Rate
Executive Summary
-Mixed Use Space
-Combination of apartments and commercial space
-2, one bed, one bath apartments
-Established Hair Salon (15+ years)
-Combination of apartments and commercial space
-2, one bed, one bath apartments
-Established Hair Salon (15+ years)
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Building Size
2,500 SF
Year Built
1950
Price
$250,000
Price Per SF
$100
Cap Rate
8.25%
NOI
$20,625
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.38
Lot Size
0.15 AC
Zoning
B 1
Frontage
29’ on Trollinger St
Property Taxes
| Parcel Number | 125678 | Total Assessment | $104,372 |
| Land Assessment | $12,736 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $91,636 | Tax Year | 2025 |
Property Taxes
Parcel Number
125678
Land Assessment
$12,736
Improvements Assessment
$91,636
Total Assessment
$104,372
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 2
Videos
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Photos
Street View
Street
Map
Presented by
Alamance Property Rentals
311 Trollinger St
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