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Property profile & analytics
OFF-MARKET
Estimated value
$1,760,000
Warehouses
533 Park Ave Burlington, NC 27217-3756
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-0815508
Property summary
AI-generated overview
This expansive 35,760-square-foot warehouse, located at 533 N Park Ave in Burlington, North Carolina, presents a significant opportunity for businesses seeking ample space. Built in 1972, the property boasts a single-tenant occupancy and is currently entirely vacant, offering immediate possession. The warehouse features impressive 23-foot ceilings, providing ample vertical storage capacity. Its I-3 zoning designation allows for a wide range of industrial uses, making it suitable for various operations. Situated in Alamance County, the property benefits from convenient access to transportation networks, enhancing logistical efficiency. The address is 533 N Park Ave, Burlington, NC 27217. With its substantial size, high ceilings, and strategic location, this warehouse is an exceptional opportunity for businesses requiring significant industrial space in a thriving North Carolina market. The property is available for lease and offers a blank canvas for a new tenant to customize the space to their specific needs. The total building square footage is 35,760 square feet.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1995
Total area
106,210 SF
Lot
7.17 ac (312,325 SF)
Zoning code
I3
APN
126751
UPID
US53-0815508
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
Current use
Occupant on record · Public records
-
Extra Space Storage Storage Facility
-
Tst Logistics Inc Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.76M
Owner & transaction history
Sliberty LLC · 5 yrs held
Sliberty LLC
since 2020
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
I3 · Burlington, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,610,000
ML approach
$1,820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.76M
Range $1.58M – $1.94M · ±10% · vs last sale $1.80M (Nov 25 2020)
Last sale anchor
$1.80M
Nov 25 2020
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
$17 / 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
$17,820
Tax year 2023
Assessed value
$4,125,089
Assessed 2023
Previous assessed
$4,125,089
+0.0% YoY
Effective rate
0.43%
On assessed value
Assessed land
$199,468
Assessed improvement
$3,925,621
Land market value
$199,468
Improvement market value
$3,925,621
Total market value
$4,125,089
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1995
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
106,210 SF
Lot
7.17 ac (312,325 SF)
Zoning code
I3
APN
126751
UPID
US53-0815508
Jurisdiction
ALAMANCE
Zoning & alternative use
I3 · Burlington, NC
Zoning I3 · permitted uses
I3 · 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.
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
7.17 ac
Current owner
From public records · entity-resolved
Sliberty LLC
Entity
Mailing address
2601 S BAYSHORE DR FL, MIAMI, FL 33133-5417
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2025
—
Vg Burlington Storage LLC
—
Deed
related
$34,500,000 · Orix Re Holdings LLC
Feb 28, 2024
—
Vg Burlington Storage LLC
—
Deed
related
$9,760,000 · Extra Space Storage LP
Nov 25, 2020
$1,800,000
Sliberty LLC
Tst Property Management LLC
Special Warranty Deed
$4,700,000 · First American Title Insurance
Sep 25, 2012
$1,218,000
Tst Prop Managements LLC
II & J Management Of Alamance
Warranty Deed
$1,375,517 · Branch Banking And Trust Co
Jul 26, 2004
$1,730,000
H & J Management Of Alamance LLC
Tst Logistics INC
Warranty Deed
$2,700,000 · Peoples Nat'l Bk/kewanee
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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