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Financial
Distress signals
Property profile

1609 S Church St B Burlington, NC 27215

FOR LEASE
Strip malls
Property ID
US53-1723316
27,784 SF 1.42 ac lot Built 1964
Last sale Dec 2006 · $200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial space located in Burlington, North Carolina, offering approximately 4,000 square feet of open interior area with a 12-foot ceiling height. It includes one bathroom and a single loading/unloading dock. The site provides approximately 60 parking spaces and is zoned for commercial use.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$1.62M
Assessed land$201k
Assessed improvement$1.42M
Effective rate0.43%

Value estimate

· Oct 2026
$540k
$486k – $594k
AI approach$540k
Submarket $/SF estimate$883k
NOI build-up
Gross scheduled income$834k
Vacancy & credit loss−$52k
Operating expenses−$234k
NOI · 1,139.09% cap applied$547k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
1,139.09%
$547k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B 2
JurisdictionALAMANCE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant26.3
Wholesale Shop22.9
Building Supply21.6

Location

1609 S Church St, Unit B Burlington, NC 27215
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3243 Church, Burlington, NC 27215-9109 $2,110,000 May 2023 29,920 SF
3275 Church, Burlington, NC 27215-9109 $2,110,000 May 2023 11,616 SF
2478 Corporation, Burlington, NC 27215 $870,000 Mar 2021 17,760 SF
2398 Corporation, Burlington, NC 27215-6885 $870,000 Mar 2021 15,000 SF
2466 Corporation, Burlington, NC 27215-6752 $450,000 May 2019 14,620 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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