Property profile

533 Park Ave Burlington, NC 27217

OFF-MARKET
Warehouses
Property ID
US53-0815508
106,210 SF 7.17 ac lot Built 1995
Entity Owned 5-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Storage Facility
  • Trucking Company

Location

533 Park Ave Burlington, NC 27217-3756
Burlington metro Census 20502 BURLINGTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.82M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.61M

Owner & transaction history

since 2020
Last sale
$1.8M
5 recorded transactions
2025
Price N/A
2024
Price N/A
2020
$1.8M
2012
$1.2M
2004
$1.7M

Zoning & alternative use

I3 · Burlington, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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