Graham Industrial Property For
For Sale
$699,000
300 Guthrie St, Graham, NC 27253
Industrial property in Graham, NC, suitable for distribution, storage, and manufacturing.
Property Size12,740 SF
Lot Size0.78 Acres
Price / SF$54.87
Days on Market231
Property Features for 300 Guthrie St
General Information
Standard status
Active
Size
12,740 SF
Lot size
0.78 Acres
Building Details
Year Built
1966
Listing Agency:
Grow Local Realty, LLC
Listed By:
Yessy Renderos Renderos
(919) 665-7523
Source:
Burlingtonnchomes4sale
Added: Jan 26
Changed: Sep 11
Last Checked: Sep 13 at 3:24PM
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 Grow Local Realty, LLC
Investment Insights
Based on property information with market context.
Located at 300 Guthrie St, Graham, NC 27217, this industrial property offers 12,740 square feet of space on a 0.78-acre lot. The property, built in 1966, features three warehouse rooms and is zoned I-1 (Light Industrial), making it suitable for distribution, storage, and manufacturing. The property is currently undergoing renovation, which includes new brick exterior walls, enclosed spaces to increase square footage, roof repairs, and wall enhancements. The property benefits from multiple entry points and ample parking. Its location provides convenient access to the I-40/85 highway, facilitating access to Burlington and major cities such as Durham, Raleigh, and Greensboro.
Key Highlights
- Prime location in Graham's expanding industrial area with convenient access to I‑40/85.
- Versatile I‑1 (Light Industrial) zoning suitable for distribution, storage, and manufacturing.
- Substantial 12,740 SF warehouse space on 0.78 acres.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,149
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,002,980
$1.0M
Cap Rate 7%
$716,414
$716.4K
Cap Rate 9%
$557,211
$557.2K
Market Conditions
NOI Build-Up for 12,740 SF
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.
Gross rent
$79.0K $6.20/SF
− Vacancy
−$7.3K −$0.58/SF
EGI
$71.6K $5.62/SF
− OpEx
−$21.5K −$1.69/SF
NOI
$50.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,002,980
Cap Rate 7%
$716,414
Cap Rate 9%
$557,211
Alternative Uses
Best Use
Warehouse
$1.44M
$1.26M – $1.68M
NOI $100,579 @ 7.0% cap · market cap 14.39%
Second Best
Industrial
$716.4K
$626.9K – $835.8K
NOI $50,149 @ 7.0% cap · market cap 7.17%
Theoretical Best
Office A
$4.20M
$3.68M – $4.90M
NOI $294,023 @ 7.0% cap · market cap 42.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
725
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
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial property in Graham, NC, suitable for distribution, storage, and manufacturing.
Where is this warehouse located?
The property is located at 300 Guthrie St Graham, NC.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Prime location in Graham's expanding industrial area with convenient access to I‑40/85.; Versatile I‑1 (Light Industrial) zoning suitable for distribution, storage, and manufacturing.; Substantial 12,740 SF warehouse space on 0.78 acres.
