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Property profile & analytics
OFF-MARKET Estimated value $970,000
Industrial properties

2355 Hanford Rd Burlington, NC 27215-6765

12,480 SF 1.21 ac lot Built 1995
Entity Owned 4-yr Hold Free & Clear
Property ID
US53-0325752
Property summary
AI-generated overview

This exceptional 12,364-square-foot warehouse, located at 2355 West Hanford Rd in Burlington, North Carolina, presents a significant opportunity for businesses seeking a single-tenant industrial space. The property boasts a generous footprint, perfect for storage, distribution, or light manufacturing. The warehouse features a combination of ceiling heights, with areas reaching 20 feet and others at 15 feet, offering flexibility for diverse operational needs. Access is convenient with one dock-high door and one drive-in door, ensuring efficient loading and unloading of goods. Ample parking is available with 21 spaces designated for the property. The building is currently vacant, providing immediate occupancy for the new tenant. Situated in Burlington, NC, zip code 27215, this warehouse offers easy access to major transportation routes, making it an attractive location for businesses requiring seamless logistics. The property is classified as industrial and is available for lease. The address is 2355 West Hanford Rd. This single-tenant warehouse provides a unique opportunity to establish a strong presence in a thriving industrial area. The property's size, features, and location combine to create a compelling option for a variety of businesses.

Property profile
Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1995
Total area 12,480 SF
Lot 1.21 ac (52,708 SF)
Zoning code I 1
APN 131905
UPID US53-0325752
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$964k
Blend (final) Blend
$970k
Owner & transaction history
2355 West Hanford LLC · 4 yrs held
2355 West Hanford LLC
since 2021
2 recorded transactions
2021
Price N/A
2002
Price N/A
Zoning & alternative use
I 1 · Burlington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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