1326 Church St Burlington, NC 27215
- Retail space
- 6,400 SF
- 0.27 lot acres
Current Use by Public Records
- Retail space
Property Details for 1326 Church St
- Year built
- 1967
- Lot size
- 0.27 lot acres
- Property size
- 6,400 SF
- Zone code
- B 2
- Property type
- Retail space
- APN
- 124892
- APU
- 124892
Description
This exceptional commercial property at 1326 S Church Street, Burlington, NC, presents a unique investment opportunity. Boasting 6,000 square feet on a 4.9-acre lot, this property offers unparalleled visibility and accessibility. Situated on the corner of S. Church and W Kitchin streets, it benefits from a traffic light at the W Kitchin intersection, ensuring smooth ingress and egress. 2019 NCDOT data indicates a 28,000 vehicle daily traffic count on this highly visible corner, maximizing exposure for any business. The property's strategic location directly across from Williams High School makes it ideal for businesses targeting a student demographic. Its proximity to major transportation arteries, approximately 2 miles from I-85/40, further enhances its appeal. Convenience is key, with the local YMCA and City Park a short 5-6 minute walk away. Currently zoned General Business, the existing building, a former music store, has been completely gutted and cleaned, providing a blank canvas for a new commercial venture. This presents an excellent opportunity for a variety of businesses seeking a high-traffic, well-located space in a thriving community. The asking price is $850,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $920,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $965,000
- 6.5%
- $880,000
- 7%
- $905,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $970,000
- Geo Method
- $790,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $805,000
- Retail
- $940,000
- Mixed-Use
- $795,000
- Hospitality
- $875,000
- Educational
- $870,000
- Residential Income
- $775,000
- Energy
- $825,000
- Income-Based Land
- $850,000
- Food Service
- $745,000
Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Alamance
- State
- North Carolina
- Longitude
- -79.4516
- Latitude
- 36.0866
- CBSA code
- 15500
- CBSA name
- BURLINGTON, NC METROPOLITAN STATISTICAL AREA