Industrial Flex
For Sale
$364,000
420 Shoffner Street, Graham, NC 27253
COMMERCIAL - Graham, NC
Property Size2,000 SF
Lot Size0.79 Acres
Price / SF$182
Days on Market66
Property Features for 420 Shoffner Street
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
146942
Size
2,000 SF
Lot size
0.79 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Bl 420 Shoffner St 181-729-110
Tax Annual Amount
633
Legal Description
Bl 420 Shoffner St 181-729-110
Building Details
Year built
1997
Floors in Building
1
Flooring type
Concrete
Building materials
Metal Siding
Listing Agency:
Grow Local Realty, LLC
(919) 830-5233
Listed By:
Nicholas S Yarrington · License #238601
(910) 639-4890
Added: May 26
Changed: Jul 22
Last Checked: Jul 30 at 2:06PM
MLS# 10169732
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale industrial flex building provides approximately 2,000 square feet of flexible space. The layout is designed to accommodate a range of small business operations, including storage, workshop activity, and light industrial needs.
Located in Graham, North Carolina, the property is described as having easy access to Highway 70 and downtown Graham, supporting convenient day-to-day operations. The site sits on about 0.79 acres.
The offering is intended for businesses seeking a practical industrial space with flexibility for multiple operational uses.
Located in Graham, North Carolina, the property is described as having easy access to Highway 70 and downtown Graham, supporting convenient day-to-day operations. The site sits on about 0.79 acres.
The offering is intended for businesses seeking a practical industrial space with flexibility for multiple operational uses.
Key Highlights
- Convenient Graham location with easy access to Highway 70 and downtown Graham.
- 2,000 square foot industrial building.**
- Flexible space ideal for various business uses, storage, workshop operations, or light industrial needs.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.2k | $10.10 |
| − Vacancy | −$1.6k | −$0.81 |
| EGI | $18.6k | $9.29 |
| − OpEx | −$2.8k | −$1.39 |
| NOI | $15.8k | $7.89 |
2,000 SF · lease $10.10/SF/yr · vacancy 8.04% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$225.6K
$197.4K – $263.2K
NOI $15,790 @ 7.0% cap · market cap 4.34%
Second Best
Flex RnD
$220.3K
$192.8K – $257.1K
NOI $15,423 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$659.4K
$577.0K – $769.3K
NOI $46,158 @ 7.0% cap · market cap 12.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 27253, NC
32,010
Population
14,821
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
88%
High-School Grad
81.9 sq mi
ZIP Area
391
Density / Sq Mi
$62,020
Median Household Income
$39,307
Median Earnings
$975
Median Rent
$212,300
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - 2,000 SF industrial building with flexible space suited for storage, workshops, or light industrial uses.
Where is this flex space located?
The property is located at 420 Shoffner Street Graham, NC.
What is the asking price?
The asking price for this property is $364,000.
What are key features of this property?
This property features: Convenient Graham location with easy access to Highway 70 and downtown Graham.; 2,000 square foot industrial building.**; Flexible space ideal for various business uses, storage, workshop operations, or light industrial needs.
