664 Gilmer St Burlington, NC 27217
- Manufacturing properties
- 126,965 SF
- 6.60 lot acres
Current Use by Public Records
- Right-Step Floor Restoration- Hardwood Flooring Installation, Sanding, Refinishing Service / Floor Sanding And Polishing Service / Floor Refinishing Service
Property Details for 664 Gilmer St
- Year built
- 1933
- Lot size
- 6.60 lot acres
- Property size
- 126,965 SF
- Zone code
- I 3
- Property type
- Manufacturing properties
- APN
- 136899
- APU
- 136899
Description
This exceptional 18,750-square-foot warehouse, located at 664 Gilmer Street in Burlington, North Carolina, presents a significant opportunity for businesses seeking ample space in a prime location. The property is classified as industrial and features a single-tenant occupancy, offering complete control and flexibility. The entire building, totaling 18,750 square feet, is currently vacant, making it ideal for immediate occupancy and customization to suit specific operational needs. Situated in Alamance County, this warehouse benefits from convenient access to major transportation routes, streamlining logistics and distribution. The property's address is 664 Gilmer Street, Burlington, NC 27217. Its geographic coordinates are 36.0892239 latitude and -79.4282775 longitude. This single-tenant warehouse offers a unique chance to establish a substantial presence in a thriving industrial area. The property is available for lease and presents an excellent opportunity for businesses seeking a large, functional space in Alamance County. The building's size and vacant status provide immediate usability, minimizing downtime and allowing for rapid operational commencement. Interested parties are encouraged to inquire further to explore the possibilities this exceptional warehouse offers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $780,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $630,000
- 6.5%
- $745,000
- 7%
- $740,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $800,000
- Geo Method
- $640,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $760,000
- Retail
- $730,000
- Mixed-Use
- $780,000
- Hospitality
- $735,000
- Educational
- $585,000
- Residential Income
- $690,000
- Energy
- $735,000
- Income-Based Land
- $635,000
- Food Service
- $630,000
Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Alamance
- State
- North Carolina
- Longitude
- -79.4284
- Latitude
- 36.0893
- CBSA code
- 15500
- CBSA name
- BURLINGTON, NC METROPOLITAN STATISTICAL AREA
