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    OFF-MARKET
    Warehouses

    707 Webb Ave, Burlington, NC 27217

    9,669 SF 0.26 ac lot Built 1910
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US53-2047960
    Property summary
    AI-generated overview

    This exceptional 13,961 square foot building, situated on a 0.39-acre lot at 707 E Webb Ave, Burlington, NC, presents a unique leasing opportunity. The property, originally constructed in 1910, boasts a rich history and offers adaptable space suitable for retail, office, or warehouse use. The two-story building features 10,714 square feet of above-grade space and 3,247 square feet of below-grade space, divisible to a minimum of 2,500 square feet. The property includes one loading dock with one dock-high door and ample parking for 15 vehicles. Located in Alamance County, this prime location on Webb Avenue offers high visibility and convenient access to major transportation routes. It's within easy reach of Durham, Chapel Hill, Greensboro, Raleigh, and Winston-Salem, making it ideal for businesses seeking a central location. The building retains historic charm with hardwood floors throughout much of the space and features hanging gas heaters. The below-grade space offers significant storage potential, with the possibility of adding a cargo elevator for enhanced accessibility. This adaptable space, previously used as a mill, church, and thrift store, offers a unique blend of character and practicality. The property is currently fully vacant and ready for immediate occupancy.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1910
    Total area 9,669 SF
    Lot 0.26 ac (11,543 SF)
    Zoning code I 3
    APN 136896
    UPID US53-2047960
    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
    • Mt Zion. Apostolic Pentecostal. Church Church Mosque
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Sivertsen Real Estate LLC · 1 yrs held
    Sivertsen Real Estate LLC
    since 2024
    1 recorded transaction
    2024
    $170,000
    Zoning & alternative use
    I 3 · Burlington, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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