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    Duplex With Two-Car Garage Title is generated by Realmo AI

    855 Hanford Landing Drive, Graham, NC 27253

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    Picture of Duplexes at 855 Hanford Landing Drive, Graham, NC
    For Sale
    $304,990

    DUPLEX - Other - Graham, NC

    Property size:
    1,455 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $209/SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 2:06 pm

    Property Features for 855 Hanford Landing Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    Graham
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 1, Laundry Room, Bathroom 1, Bedroom 2, Bedroom 3
    Parking features
    Garage
    Vegetation
    Grassed
    Window features
    Low Emissivity Windows
    Interior features
    Bathtub/Shower Combination, Granite Counters, Kitchen Island, Pantry, Recessed Lighting, Walk-In Closet(s), Walk-In Shower
    Exterior features
    Lighting
    Appliances
    Dishwasher, Electric Oven, Electric Water Heater, Free-Standing Electric Oven, Free-Standing Refrigerator, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer
    Standard status
    Active
    APN
    183438
    Size
    1,455 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    Hanford Landing PH-1 Lot 59

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Year built
    2026
    Floors in Building
    1
    Flooring type
    Vinyl, Carpet
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Alexis Burton

    Listing agent Alexis Burton

    Listing office Starlight Homes NC LLC 4025 Lake Boone Trail Suite 200, Raleigh, NC

    Listing date Jun 3, 2026

    MLS# 10171574 Listing URL

    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.

    HighLights

    • Under construction duplex at 855 Hanford Landing Drive, built in 2026
    • Each side includes a two‑car garage and a covered patio just off the living room
    • Kitchen features granite counters, a kitchen island, pantry, and recessed lighting
    • Primary bedroom has a walk‑in closet and a walk‑in shower in the primary bath
    • Interior features include washer/dryer and a layout with 3 bedrooms and 2 bathrooms per home
    • Utilities include public water and public sewer; roof is shingle and exterior is vinyl siding

    Overview

    This duplex features a practical interior flow with a front-porch entry into a foyer, secondary bedrooms, and a shared full bath, along with a dedicated laundry room. The layout continues into a combined dining, kitchen, and living area designed around a central gathering space. Each side includes a kitchen with pantry storage, and a covered patio accessed just off the living room. At the rear, the primary bedroom offers a walk-in closet and a private primary bath, creating a defined retreat space.

    The property is located at 855 Hanford Landing Drive in Graham, North Carolina, in Alamance County. It sits on a 0.11-acre lot, with a total property size of 1,455 square feet. The duplex also includes a two-car garage, supporting day-to-day convenience.

    As a residential income offering, this configuration supports tenant or occupant separation through multiple distinct bedrooms, baths, and dedicated laundry space within each side. The covered patio and rear primary suite layout are well-suited for tenants who want both indoor living space and an outdoor extension, while the two-car garage adds valuable off-street parking utility for residents.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Graham
    County
    Alamance
    State
    North Carolina
    Longitude
    -79.409808
    Latitude
    36.046382

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    FAQs

    What type of property is this?
    Duplex - Well-laid-out duplex with two-car garage, covered patio, and separate bedroom and living areas on each side.
    Where is this duplex located?
    The property is located at 855 Hanford Landing Drive Graham, NC.
    What is the asking price?
    The asking price for this property is $304,990.
    What are key features of this property?
    This property features: Under construction duplex at 855 Hanford Landing Drive, built in 2026; Each side includes a two‑car garage and a covered patio just off the living room; Kitchen features granite counters, a kitchen island, pantry, and recessed lighting
    (336) 212-5301
    We can help!
    Listing Contact
    Alexis Burton
    Learn More
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    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
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