1203 S Fifth Street Mebane, NC 27302
Commercial property with high visibility near I-40/I-85 interchange.
- Added:
- May 18, 2026
- Days on Market:
- 55
- Last Refresh:
- May 25 at 8:53 pm
Property Features for 1203 S Fifth Street
General Information
- Standard status
- Active
- Size
- 1,494 SF
Listing office RE/MAX DIAMOND REALTY (919) 563-4141
Listing date May 18, 2026
Source Exprealty
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 RE/MAX DIAMOND REALTY
Investment Insights
Based on property information with market context.
Key Highlights
- High visibility and strong traffic exposure on a rapidly growing corridor.
- Convenient access to I‑40/I‑85 interchange and NC‑119.
- Ideal location between the Triad and Triangle areas.
Local Financial Insights For Retail
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 | $44.8k | $30.00 |
| − Vacancy | −$2.8k | −$1.89 |
| EGI | $42.0k | $28.11 |
| − OpEx | −$12.6k | −$8.43 |
| NOI | $29.4k | $19.68 |
