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    OFF-MARKET
    Office buildings

    537 Huffman Ml Rd, Burlington, NC 27215-5149

    5,315 SF 0.89 ac lot Built 1973
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US53-0904441
    Property summary
    AI-generated overview

    This Burlington, NC retail property at 537 Huffman Mill Rd offers 2,740-5,313 square feet of space in a single-tenant building on a 0.887-acre lot. Built in 1973, this two-story Class B building features 27 parking spaces and is located in the Huffman Mill submarket, zoned GB. The property's strategic location provides high visibility and accessibility, making it ideal for a variety of retail or food service businesses. The flexible layout allows for customization to meet specific operational needs. A ground lease option is available, offering tenants the opportunity to design and construct a facility tailored to their brand and business requirements. The property is situated near Forrestdale Drive in Alamance County, NC, zip code 27215. This presents a unique opportunity for businesses seeking to establish or expand their presence in a thriving commercial area. The building's existing structure provides a solid foundation for various retail and food service configurations, from quick-service restaurants to retail concept stores. The landlord is open to discussing a ground lease to provide maximum flexibility for potential tenants.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1973
    Total area 5,315 SF
    Lot 0.89 ac (38,681 SF)
    Zoning code B 2
    APN 113259
    UPID US53-0904441
    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
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    Blend (final) Blend
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    Owner & transaction history
    Leohat LLC · 4 yrs held
    Leohat LLC
    since 2021
    Last sale
    $480,000
    4 recorded transactions
    2021
    $480,000
    2021
    2021
    2008
    Zoning & alternative use
    B 2 · Burlington, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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