Retail Space with Loading
1609 Church St, Burlington, NC 27215
For Sale
Contact for pricing
Open interior space includes a restroom and on-site parking.
Property Size4,000 SF
Price / SF$1.00
Days on Market47
Property Features for 1609 Church St
General Information
Standard status
Size
Total Parking Spaces
Building Details
Year Built
Listing Agency:
David Massey Real Estate
Listed By:
Harold Daniels
(336) 213-5145
Source:
Burlingtonnchomes4sale
Added: Sep 24
Changed: Oct 26
Last Checked: Oct 7 at 4:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of David Massey Real Estate
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Investment Insights
Based on property information with market context.
This 1964 retail space offers approximately 4,000 square feet of open interior area, one bathroom, and a loading and unloading dock. The ceiling height is 12 feet, with approximately 60 parking spaces available.
Key Highlights
- Approximately 4,000 square feet of open retail space
- One loading and unloading dock
- 12‑foot ceiling height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,716
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,574,320
$1.6M
Cap Rate 7%
$1,124,514
$1.1M
Cap Rate 9%
$874,622
$874.6K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$120.0K $30.00/SF
− Vacancy
−$7.5K −$1.89/SF
EGI
$112.5K $28.11/SF
− OpEx
−$33.7K −$8.43/SF
NOI
$78.7K $19.68/SF
Area
Alamance County, NC
Vacancy
6.29%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,574,320
Cap Rate 7%
$1,124,514
Cap Rate 9%
$874,622
Alternative Uses
Best Use
Retail
$1.12M
$984.0K – $1.31M
NOI $78,716 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.15M – $1.54M
NOI $92,315 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
102k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 27%
Shops & Services 21%
Superstores 20%
Home Improvements & Furnishings 14%
Aldi
Groceries
27,695 visits/mo
0.0 miles
Big Lots
Superstores
20,790 visits/mo
0.1 miles
Shell
Shops & Services
17,004 visits/mo
0.5 miles
Harbor Freight Tools
Home Improvements & Furnishings
14,168 visits/mo
0.1 miles
Office Depot
Office Supplies
11,106 visits/mo
0.1 miles
Demographics for 27215, NC
44,620
Population
21,854
Households
2
Avg Household Size
42
Median Age
37%
College-Educated
92%
High-School Grad
63.1 sq mi
ZIP Area
707
Density / Sq Mi
$66,669
Median Household Income
$45,267
Median Earnings
$1,112
Median Rent
$241,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Alamance County, NC
Properties on Market for Retail space in Alamance County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Open interior space includes a restroom and on-site parking.
Where is this retail space located?
The property is located at 1609 Church St Burlington, NC.
What are key features of this property?
This property features: Approximately 4,000 square feet of open retail space; One loading and unloading dock; 12‑foot ceiling height
