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Property profile & analytics

633 Rauhut St Burlington, NC 27217

  • Retail space
  • 1,296 SF
  • 0.12 lot acres
For Sale
Last Sale
Feb 09, 2023
$60,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US53-2135882
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.

Current Use by Public Records

  • Retail space

Property Details for 633 Rauhut St

Year built
1958
Lot size
0.12 lot acres
Property size
1,296 SF
Zone code
B 1
Property type
Retail space
APN
136244
APU
136244

Description

This exceptional commercial property, located at 633 Rauhut Street in Burlington, NC, presents a remarkable investment opportunity. The building is a brick structure situated on a corner lot, ensuring high visibility and accessibility for any business. Its previous use as a smoke and vape shop demonstrates its suitability for a variety of retail ventures. The adaptable space is ideal for a convenience store, restaurant, coffee shop, or similar take-out establishment. The high-traffic location guarantees significant foot traffic, maximizing potential customer reach. Convenient on-site parking is available, benefiting both customers and employees. The seller's motivation to sell makes this an attractive proposition for discerning investors seeking a strong return. This property offers a unique blend of location, accessibility, and versatility, making it an exceptional opportunity to establish or expand a thriving business in a bustling area. The building's brick construction suggests durability and longevity, further enhancing its investment appeal. The corner lot provides ample space for signage and potential outdoor seating or display areas, depending on the intended use. Don't miss this chance to acquire a well-positioned commercial property in a desirable location. The asking price of $80,000 reflects the seller's eagerness to finalize a sale.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Burlington
County
Alamance
State
North Carolina
Longitude
-79.434
Latitude
36.1045
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
$241
$12,526
$43,306
$55,832
-
$12,526
$43,306
$55,832
More about this property
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