Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    727 Kivett St Burlington, NC 27215-2251
    Back to Search
    Property profile & analytics

    727 Kivett St, Burlington, NC 27215-2251

    View on Map
    • Investment properties
    • 4,800 SF
    • 0.28 lot acres
    Off-Market
    Last Sale Jul 19, 2021
    $325,000
    Property ID
    US53-0341947
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Gibson Group NC / Real Estate Agency
    • District No.3 / Coworking & Hybrid Office
    • Vantage Pointe Planning / Financial Advisor

    Property Details for 727 Kivett St

    Year built
    1948
    Lot size
    0.28 lot acres
    Zone code
    B 1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    126180
    APU
    126180

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 19, 2021 $325,000 Sdt Properties LLC Kivett Place LLC Special Warranty Deed $250k · Providence Bank
    May 9, 2013 — Kivett Place LLC Lynch,andrew C & Sheryl S Warranty Deed · related —
    Dec 22, 2006 — Lynch,andrew C & Sheryl S Lynch,andrew C & Sheryl S Quit Claim Deed · related —
    — — Andrew C Lynch — Deed Of Trust · related $173k · Branch Banking & Trust Co
    — — Lynch,andrew C & Sheryl S — Deed Of Trust · related $190k · Suntrust Bk/tallahassee
    — — Lynch,andrew C & Stephen W — Deed Of Trust · related $152k · Suntrust Bk/tallahassee

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Alamance
    State
    North Carolina
    Longitude
    -79.4463
    Latitude
    36.1004
    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
    $1,438
    $41,055
    $291,928
    $332,983
    -
    $41,055
    $291,928
    $332,983

    Comparable in this City

    • Value Estimation by Request
      672 SF

      1207 Belmont St

      OFFICE/RESIDENTIAL (MIXED USE)
      1207 Belmont St, Burlington, NC 27215-6932
      View Details
    • Value Estimation
      $1,945,000
      13,763 SF

      2436 Hanford Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      2436 Hanford Rd, Burlington, NC 27215-6772
      View Details
    • Value Estimation by Request
      1,422 SF

      1736 Maple Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      1736 Maple Ave, Burlington, NC 27215-6846
      View Details
    • Value Estimation by Request
      1,689 SF

      2106 Chapel Hl Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      2106 Chapel Hl Rd, Burlington, NC 27215-7263
      View Details
    • Value Estimation by Request
      720 SF

      2916 Cabin Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      2916 Cabin Rd, Burlington, NC 27215
      View Details
    • Value Estimation by Request
      5,084 SF

      2101 Maple Ave

      MIXED USE (COMMERCIAL/INDUSTRIAL)
      2101 Maple Ave, Burlington, NC 27215-6853
      View Details

    Similar Nearby for Sale

    • $859,900
      11,018 SF

      Burlington Mixed-Use Redevelopment Opportunity

      High-visibility property with showroom, warehouse, and residential space.
      736 S Main St, Burlington, NC 27215
      View Details
    • $690,000

      Multi-Office Investment Property in Burlington

      Commercial building with 10+ private offices in downtown Burlington.
      346 S Worth St, Burlington, NC 27215
      View Details
    • $339,000

      Commercial Property on Maple Avenue

      Commercial property on Burlington's Maple Ave corridor, near I-85/40.
      1540 Maple Ave, Burlington, NC 27215
      View Details
    • Contact for pricing
      4,244 SF

      Main Street Mixed-Use Building

      Remodeled mixed-use building with retail and residential potential.
      420-424 S Main St, Burlington, NC 27215
      View Details
    • $99,900

      Versatile Commercial Building in Burlington

      Single-story commercial building with dual-unit potential in prime location.
      509 Trollinger St, Burlington, NC 27215
      View Details
    • $499,000

      Renovated Mixed-Use Building, Burlington

      Versatile, renovated mixed-use building with event venue potential.
      132 East Davis St, Burlington, NC 27215
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mixed-Use Development in Burlington, NC

      Proposed mixed-use development with commercial and residential spaces for lease.
      3849 Rural Retreat Rd, Burlington, NC 27215
      View Details
    • Contact for pricing

      Alamance Crossing Retail Pad Site

      0.50-acre pad site in front of Kohl's for ground lease.
      1361 Boone Station Dr, Burlington, NC 27215
      View Details
    • Contact for pricing

      Retail Pad Site on I-40/85

      Retail pad site available with high traffic counts.
      1080 Piper Ln, Burlington, NC 27215
      View Details
    • Contact for pricing

      Burlington Warehouse with Outdoor Storage

      Warehouse with office space and potential outdoor storage available for lease.
      2050 Willow Spring Ln, Burlington, NC 27215
      View Details
    • Contact for pricing
      42,639 SF

      Burlington Office Space For Rent

      42,639 SF built-out office space, former call center.
      309 Huffman Mill Rd, Burlington, NC 27215
      View Details
    • Contact for pricing

      Commercial Land in Burlington Corridor

      Premier commercial location with high traffic and retail success.
      537 Huffman Mill Rd, Burlington, NC 27215
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    727 Kivett St
    Burlington, NC 27215-2251
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    727 Kivett St, Burlington, NC, 27215
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!