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Property profile & analytics
OFF-MARKET
Estimated value
$3,265,000
Warehouses
3412th S Church St Burlington, NC 27215-9151
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US53-2206462
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1998
Total area
28,400 SF
Lot
5.71 ac (248,728 SF)
Zoning code
B 2
APN
107115
UPID
US53-2206462
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
$4.12M
Comparable Approach
Comparable
$3.35M
Blend (final)
Blend
$3.27M
Owner & transaction history
Cardinal Self Storage Burlingt · 8 yrs held
Cardinal Self Storage Burlingt
since 2018
4 recorded transactions
Zoning & alternative use
B 2 · Burlington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.8M
+124.7%
Auto repair, garage
$3.3M
+95.6%
Office building
$2.8M
+63.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Burlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burlington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,460,000
6.5%
$4,120,000
7%
$3,825,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,840,000
Change: +125% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,345,000
Change: +96% · Conversion: Easy
OFFICE BUILDING
$2,795,000
Change: +63% · Conversion: Difficult
RETAIL STORES
$2,440,000
Change: +43% · Conversion: Moderate
Blend value · Realmo final
$3.27M
Range $2.94M – $3.59M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$115 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,847
Tax year 2023
Assessed value
$3,436,706
Assessed 2023
Previous assessed
$3,436,706
+0.0% YoY
Effective rate
0.43%
On assessed value
Assessed land
$1,677,500
Assessed improvement
$1,759,206
Land market value
$1,677,500
Improvement market value
$1,759,206
Total market value
$3,436,706
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Cooling
NONE
Buildings
3
Stories
1
Rooms
4
Bathrooms
1
Total area
28,400 SF
Lot
5.71 ac (248,728 SF)
Zoning code
B 2
APN
107115
UPID
US53-2206462
Jurisdiction
ALAMANCE
Zoning & alternative use
B 2 · Burlington, NC
Zoning B 2 · permitted uses
B 2 · Burlington, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burlington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.3M
OFFICE BUILDING
Est. value
$2.8M
RETAIL STORES
Est. value
$2.4M
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Rooms
4
Bathrooms
1
Lot
5.71 ac
Current owner
From public records · entity-resolved
Cardinal Self Storage Burlingt
Individual
Mailing address
PO BOX 957, GRAHAM, NC 27253-0957
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2018
—
Cardinal Self Storage Burlingt
—
Grant Deed
related
$1,127,000 · First South Bk
—
—
Self Storage Burlingt
—
Deed Of Trust
related
$1,370,000 · Yadkin Valley Bank & Trust Co
—
—
Cardinal Self Storage Burlingt
—
Deed Of Trust
related
$1,500,000 · First South Bk
—
—
Cardinal Self Storage Burlingt
—
Deed Of Trust
related
$1,467,792 · Suntrust Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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