Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    633 Rauhut St Burlington, NC 27217

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    High-traffic corner lot, versatile space for various business ventures.

    Building Details

    Year built
    1958

    We can help!

    Listing Contact
    Mumtaz Taz Ameen
    Source: Corcoran

    Listing Agent: Mumtaz Taz Ameen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Corner Lot Brick Building

    This corner lot brick building, previously used as a smoke and vape shop, is located in a high-traffic area with excellent visibility. The versatile space is suitable for a convenience store, restaurant, coffee shop, or take-out establishment. On-site parking provides convenience for customers and staff. This commercial property presents an opportunity for investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Alamance
    State
    North Carolina
    Longitude
    -79.4339348
    Latitude
    36.1044595

    Nearby Similar for Sale

    • $497,850
      4,500 SF

      Burlington Office Space For Sale

      Move-in-ready office space in Burlington's expanding market.
      2006 Maple Ave, Burlington, NC 27215
      View Details
    • New
      $690,000
      Pending

      Versatile Industrial/Retail Property in Burlington

      Two-story, 10,767 SF property with potential for industrial or retail.
      130 E 5Th St, Burlington, NC 27215
      View Details
    • New
      $375,000

      Commercial Property on E. Webb

      Commercial property on E. Webb Ave. in Burlington, NC.
      945 E Webb Ave, Burlington, NC 27217
      View Details
    • $859,900
      0.50 Acres

      Downtown Burlington Redevelopment Opportunity

      High-visibility showroom/warehouse with redevelopment potential in downtown Burlington, NC.
      736 S Main St, Burlington, NC 27215
      View Details
    • $495,000
      8,537 SF

      Downtown Burlington Retail/Office Opportunity

      Versatile retail/office space in downtown Burlington with build-out potential.
      347 S Main St, Burlington, NC 27215
      View Details
    • $670,000
      5,000 SF

      Downtown Burlington Retail/Office Opportunity

      5,000 SF retail/office space in downtown Burlington, North Carolina.
      346 S Worth St, Burlington, NC 27215
      View Details
    • $270,000
      1,608 SF

      Burlington Commercial Property For Sale

      Office building with flexible zoning and high visibility.
      2012 Chapel Hill Rd, Burlington, NC 27215
      View Details
    • $299,900
      3,286 SF

      Burlington Quadruplex with Income Potential

      Quadruplex in Burlington, NC with month-to-month tenants.
      616 N Mebane St, Burlington, NC 27217
      View Details
    • $199,500
      Pending

      Agricultural Land with Pond

      19.67 acres of agricultural land with pond in Burlington.
      Mebane Rogers Rd, Burlington, NC 27217
      View Details
    • $1,750,000
      11,184 SF

      Downtown Burlington Office Building

      Spacious office building in downtown Burlington, North Carolina.
      508 S Lexington Ave, Burlington, NC 27215
      View Details
    • $215,000
      2,255 SF

      Burlington Investment Opportunity

      Five-bedroom, two-bathroom property in Burlington, North Carolina, for sale.
      511 Cameron St, Burlington, NC 27215
      View Details
    • $375,000
      6,240 SF

      Two-Story Commercial Building For Sale

      Two-story commercial building with retail, office, and residential potential.
      224 Front St, Burlington, NC 27215
      View Details

    FAQs

    What type of property is this?
    Retail space - High-traffic corner lot, versatile space for various business ventures.
    Where is this retail space located?
    The property is located at 633 Rauhut St Burlington, NC.
    What are key features of this property?
    This property features: - High-traffic corner lot location with excellent visibility.; - Versatile space suitable for various businesses.; - On-site parking for customers and staff.
    (888) 584-9431
    Request Owner's contact information
    633 Rauhut St Burlington, NC 27217
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    633 Rauhut St
    Burlington, NC 27217
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    633 Rauhut St Burlington, NC 27217
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mumtaz Taz Ameen
    (888) 584-9431
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!