Property profile

201 Cobb Ave Burlington, NC 27217

OFF-MARKET
Warehouses
68,135 SF 5.05 ac lot Built 1986
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Property summary

AI-generated overview

This exceptional 68,135-square-foot industrial property, located at 201 N Cobb Ave, Burlington, NC 27217, presents a significant investment opportunity. Situated on 5.05 acres and zoned I-1, this single-tenant building boasts a spacious warehouse and manufacturing area of approximately 48,000 square feet, featuring a remarkable 35-foot ceiling height and a 10-ton crane spanning its length. The property includes two drive-in doors and one dock-high door, ensuring efficient loading and unloading. A substantial 15,000-square-foot office area complements the warehouse, offering approximately 15 offices and conference rooms. Built in 1986 and renovated in 2020, this Class C building offers 35 total parking spaces. The property features three loading docks, 3-phase 1,000-amp power, and an elevator. Its convenient location on N. Church Street and Rayon Street, in Alamance County, provides excellent access to transportation networks. The property's APN is 139443. This versatile space is ideal for a variety of manufacturing, warehouse, or distribution operations. The entire 68,135 square feet is currently vacant.

Property profile

Verified
Property type Warehouses
Year built 1986
Total area 68,135 SF
Lot 5.05 ac (219,978 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Factory Production Facility

Location

201 Cobb Ave Burlington, NC 27217
Burlington metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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