3335 Church St Burlington, NC 27215-9110
Property profile & analytics
3335 Church St, Burlington, NC 27215-9110
- Retail space
- 4,320 SF
- 1.60 lot acres
Property ID
US53-1146291
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Quality Property Management of NC, LLC / Property Management Company
- South Church Street Self Storage / Storage Facility
Property Details for 3335 Church St
- Year built
- 1960
- Lot size
- 1.60 lot acres
- Zone code
- B 2
- Property type
- Retail space
- APN
- 107298
- APU
- 107298
Description
This exceptional self-storage facility, located at 3335 S Church St in Burlington, NC, presents a compelling value-add investment opportunity. The property encompasses approximately 1.6 acres and features 99 units, including 97 standard drive-up units and two retail offices, along with 25 parking spaces. Built in 1993, 1940, and 1960, with various renovations throughout the years, the five single-story buildings boast a total of 14,758 square feet of net rentable space. Currently operating at 74.59% occupancy (as of July 24, 2024), the property generates a current NOI of $106,575, projecting a 6.09% cap rate. However, a pro-forma analysis indicates a significant potential for increased cash flow, with a projected NOI of $125,244 and a 7.16% cap rate. The property is situated in a high-traffic retail area, surrounded by residential neighborhoods, benefiting from approximately 21,933 vehicles passing daily. Its convenient access to I-40 and Burlington's robust growth trajectory, including a 4.7% population increase from 2020 to 2023 (US Census), make this a highly attractive investment. Alamance County's projected growth further strengthens the property's long-term prospects. The property is zoned GB - General Business (buyer to verify). The asking price is $1,750,000, representing a price per square foot of $118.58 and a price per unit of $17,676.77. This offering presents a rare chance to acquire a well-positioned self-storage facility with substantial upside potential in a thriving North Carolina market. The property features gated perimeter fencing and electronic keypad access for enhanced security.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Burlington
- County
- Alamance
- State
- North Carolina
- Longitude
- -79.509
- Latitude
- 36.0813
- CBSA code
- 15500
- CBSA name
- BURLINGTON, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,699
$705,500
$382,262
$1,087,762
-
$705,500
$382,262
$1,087,762
