Commercial Office/Warehouse on 2.65
For Sale
Contact for pricing
103 W Harrison St, Reidsville, NC
3700 Sq Ft commercial building with truck docks for sale.
Property Size3,670 SF
Lot Size2.65 Acres
Price / SF$108.99
Days on Market938
Property Features for 103 W Harrison St
General Information
Standard status
Active
Size
3,670 SF
Lot size
2.65 Acres
Property subtype
OFFICE
Listing Agency:
Chuck Faint Realty Team, LLC
(336) 552-4343
Listed By:
Clark "Chuck" Faint
(336) 552-4343
Source:
Moodyscre
Added: Jan 7, 2024
Changed: Jul 6
Last Checked: Jul 22 at 9:04AM
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 Chuck Faint Realty Team, LLC
Investment Insights
Based on property information with market context.
This commercial office and warehouse building offers 3,700 square feet of space on a 2.65-acre lot. The property features three truck docks located at the rear. It is zoned for heavy-duty commercial industrial use. The building includes offices, conference rooms, and bathrooms. There is land available behind the office building, offering opportunities for expansion and growth. The property benefits from a high-traffic location across from a KFC and Walgreens. Owner financing options are available.
Key Highlights
- 3700 Sq Ft Commercial office/warehouse building on 2.65 Acres
- Heavy duty commercial industrial zoning classification
- 3 big truck docks in rear of property**
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 | $34.8k | $9.48 |
| − Vacancy | −$2.4k | −$0.64 |
| EGI | $32.4k | $8.84 |
| − OpEx | −$4.9k | −$1.33 |
| NOI | $27.6k | $7.51 |
3,670 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.02M
$890.8K – $1.19M
NOI $71,262 @ 7.0% cap · market cap 17.82%
Second Best
Warehouse
$393.7K
$344.5K – $459.4K
NOI $27,562 @ 7.0% cap · market cap 6.89%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,699 @ 7.0% cap · market cap 21.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office 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?
Warehouse - 3700 Sq Ft commercial building with truck docks for sale.
Where is this warehouse located?
The property is located at 103 W Harrison St Reidsville, NC.
What is the asking price?
The asking price for this property is $399,997.
What are key features of this property?
This property features: 3700 Sq Ft Commercial office/warehouse building on 2.65 Acres; Heavy duty commercial industrial zoning classification; 3 big truck docks in rear of property**
