Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    128 E Moore St Graham, NC 27253

    Sponsored
    For Sale
    $239,000

    COMMERCIAL - Graham, NC

    Property size:
    808 SF
    Lot size:
    0.41 Acres
    Days on Market:
    43
    Last Refresh:
    Jan 19 at 4:06 pm

    Property Features for 128 E Moore St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    B2
    Rooms
    Laundry Room
    APN
    144404
    Interior features
    Bathtub/Shower Combination, Crown Molding, High Speed Internet, Laminate Counters
    Exterior features
    Fenced Yard
    Fencing
    Privacy, Chain Link, Fenced
    Fireplace
    1
    Appliances
    Electric Range, Gas Water Heater, Microwave
    Size
    808 SF
    Lot size
    0.41 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Fireplace(s), Natural Gas, Forced Air, Electric (Heating)
    Cooling system
    Central Air, Gas (Cooling), Electric
    Water source
    Public

    Building Details

    Year built
    1945
    Floors in Building
    1
    Flooring type
    Wood, Laminate
    Building materials
    Vinyl Siding
    Roof type
    Shingle

    We can help!

    Listing Contact
    Alice Ray
    Alice Ray

    Keller Williams Realty (336) 263-6681 [email protected]

    Listing agent Alice Ray (919) 304-9338

    Listing date Dec 8, 2025

    Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Charming Graham Commercial Opportunity

    This commercial property, located just off Graham's Main St. behind Sheetz, offers an affordable business opportunity in a convenient location. Situated near Hwy 43 and I-85/40, the property is well-suited for a small office or business. The property includes a charming 2 bedroom, 1 bath home. Zoned for either residential or B2 (Business) use and located outside the city limits, the property benefits from lower taxes. The 0.41-acre lot features a fenced backyard. Inside, the home boasts original wood floors, a gas fireplace, a dining room, and a bright living room. The primary bedroom includes dual closets, and the second bedroom is currently used as a home office. Recent updates and improvements include a new roof in 2024, gas logs, interior paint, light fixtures, flooring, a barn door, shelving, a video doorbell, driveway improvements, a new thermostat, insulation, landscaping, fencing, a water heater, a new door, and inspections. A partitioned storage building is also present on the property. This investment opportunity is located in the center of Graham's growth corridor. The property size is 808 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Graham
    County
    Alamance
    State
    North Carolina
    Longitude
    -79.394653
    Latitude
    36.047021

    Nearby Similar for Sale

    • $1,600,000
      960 SF

      Lake Santeetlah Boat Rental Business

      Thriving boat rental business on Lake Santeetlah with living quarters.
      270 Deyton Cp Rd, Graham, NC 28771
      View Details
    • $2,300,000
      24.00 Acres

      Retreat Center with Mountain Views

      24-acre unrestricted property near outdoor recreation with multiple buildings.
      504 Mtn Vw School Rd Robbinsville, Graham, NC 28771
      View Details
    • $824,762
      9,600 SF

      Graham Industrial/Warehouse Opportunity

      9,600 sq ft industrial/warehouse with modern office space.
      913 Washington St, Graham, NC 27253
      View Details
    • New
      $614,500
      3,830 SF

      Functional Warehouse with Office Space

      Well-maintained warehouse with heated and cooled office space in Graham.
      808 E Parker St, Graham, NC 27253
      View Details
    • $750,000
      12,740 SF

      Versatile Industrial Space in Graham

      12,740 SF industrial property on 0.78 acres for sale.
      300 Guthrie St, Graham, NC 27253
      View Details
    • $5,750,000
      64,386 SF

      Industrial Property Near I-40/85

      64,386 SF industrial building on 13.5 acres.
      410 E Interstate Service Rd, Graham, NC 27253
      View Details
    • Contact for pricing
      64,521 SF

      Single-Tenant Industrial Property in Graham

      Industrial property occupied by Vesuvius since 1986, near I-40/I-85.
      911 E Elm St, Graham, NC 27253
      View Details
    • $200,000
      2,692 SF

      Historic Graham Mixed-Use Property

      Prime 2.06-acre lot, 2692 sq ft building. Investment opportunity.
      1206 Trollinger Rd, Graham, NC 27253
      View Details
    • Contact for pricing
      0.19 Acres

      Downtown Graham Office Suite

      Courthouse view, 567 sq ft, parking included.
      17 Court Sq, Graham, NC 27253
      View Details
    • $450,000
      4.00 Acres

      Prime Graham Commercial Land

      Four Acres, Ready to Develop
      2 Jimmie Kerr Rd, Graham, NC 27253
      View Details
    • $225,000
      2.00 Acres

      High-Visibility Graham Retail Space

      Prime Retail Location, High Traffic Area
      4833 Nc Highway 87, Graham, NC 27253
      View Details
    • $1,825,000
      9,000 SF

      Graham, NC Retail Center

      High-Income Retail Property, 5 Acres
      2002 Nc 54, Graham, NC 27253
      View Details

    FAQs

    What type of property is this?
    Office space - Affordable business opportunity near Graham's Main St. and I-85/40.
    Where is this office space located?
    The property is located at 128 E Moore St Graham, NC.
    What is the asking price?
    The asking price for this property is $239,000.
    What are key features of this property?
    This property features: - Zoned Residential OR B2 (Business) and located outside city limits (low taxes!) offering flexibility and cost savings.; - Excellent location: Just off Graham's Main St., convenient to Hwy 43 and I-85/40, in the center of Graham's growth corridor.; - Recent updates and improvements including a new roof (2024), gas logs, interior paint, light fixtures, and more.
    (919) 304-9338
    Request Owner's contact information
    128 E Moore St Graham, NC 27253
    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.
    128 E Moore St
    Graham, NC 27253
    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
    128 E Moore St Graham, NC 27253
    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

    We can help!
    Listing Contact
    Alice Ray
    Alice Ray
    Real Estate License ID: 123919
    (919) 304-9338
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.