Office and Warehouse Space
For Sale
Contact for pricing
112 E Gilbreath St, Graham, NC 27253
2024 SF building with office and warehouse space for sale.
Property Size2,024 SF
Lot Size0.25 Acres
Price / SF$1.48
Days on Market258
Property Features for 112 E Gilbreath St
General Information
Standard status
Active
Size
2,024 SF
Lot size
0.25 Acres
Listing Agency:
H-CO Properties
(919) 604-3478
Listed By:
Mark Heizer · License #211497
(336) 263-4275
Source:
Exprealty
Added: Feb 4
Changed: Oct 5
Last Checked: Oct 19 at 7:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of H-CO Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property features a 2024 square foot building with both office and warehouse/storage areas. It is situated on a quarter-acre lot and includes 3-phase power. The location is suitable for various trades and is conveniently located directly across from Planet Fitness in Graham, North Carolina. The property is available for lease.
Key Highlights
- Great location directly across from Planet Fitness in Graham.
- 2024 square feet building.
- Quarter acre lot.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,967
Suggested Prices Based on Cap Rates
Cap Rate 5%
$159,340
$159.3K
Cap Rate 7%
$113,814
$113.8K
Cap Rate 9%
$88,522
$88.5K
Market Conditions
NOI Build-Up for 2,024 SF
Gross rent
$12.5K $6.20/SF
− Vacancy
−$1.2K −$0.58/SF
EGI
$11.4K $5.62/SF
− OpEx
−$3.4K −$1.69/SF
NOI
$8.0K $3.94/SF
Area
Alamance County, NC
Vacancy
9.30%
Lease Rate
$6.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$159,340
Cap Rate 7%
$113,814
Cap Rate 9%
$88,522
Alternative Uses
Best Use
Flex RnD
$223.0K
$195.1K – $260.1K
NOI $15,608 @ 7.0% cap · market cap 521.14%
Second Best
Industrial
$113.8K
$99.6K – $132.8K
NOI $7,967 @ 7.0% cap · market cap 266.01%
Theoretical Best
Office A
$667.3K
$583.9K – $778.5K
NOI $46,711 @ 7.0% cap · market cap 1,559.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
758
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - 2024 SF building with office and warehouse space for sale.
Where is this flex space located?
The property is located at 112 E Gilbreath St Graham, NC.
What are key features of this property?
This property features: Great location directly across from Planet Fitness in Graham.; 2024 square feet building.; Quarter acre lot.
