Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    920 E Raleigh Street Siler City, NC 27344

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $3 SF/Yr $38,125/Mo (calc)

    122,000 SF industrial building for lease in Siler City.

    Type:Industrial
    Property size:
    122,000 SF
    Lot size:
    8.31 Acres
    Added:
    Jan 27, 2026
    Days on Market:
    94
    Last Refresh:
    Dec 3 at 5:49 am

    Property Features for 920 E Raleigh Street

    General Information

    Standard status
    Active
    Size
    122,000 SF
    Lot size
    8.31 Acres
    Property subtype
    Industrial

    Spaces For Lease

    at 920 E Raleigh Street Contact us

    We can help!

    Listing Contact
    Ed Brown, SIOR, CCIM

    Listing agent Ed Brown, SIOR, CCIM

    Listing office

    Listing date Jan 27, 2026

    Source Naiglobal

    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 Ed Brown, SIOR, CCIM

    Overview

    Siler City Industrial Space Available

    This industrial property offers approximately 122,000 square feet of space, including about 4,200 square feet of office area, situated on 8.309 acres. The building features 5 dock-high doors (10'x10') and 2 drive-in doors (12'x14'). Electrical capacity is 6,000 amps at 480 volts. The office space is fully HVAC-equipped, while some manufacturing areas have HVAC, and the remaining areas are heated. Ceiling heights range from 12 to 22 feet at the eaves. A wet sprinkler system with a fire alarm system is in place. The property is zoned LI - Light Industrial within the Siler City ETJ. Parking includes 110 paved spaces, asphalt parking areas, chain link fencing, and automated gates. Lighting consists of LED, metal halide, and strip fluorescent fixtures. Water and sewer services are provided by Siler City, with a water allotment of 15,000 gallons per day. Electric service is supplied by Duke Energy, and natural gas is provided by Dominion Energy. The property is located approximately 0.5 miles from Highway 64 and 1.5 miles from Highway 421. It is also 17 miles from Highway 501 via Highway 64. The property is 47 miles from RDU International Airport, 46 miles from Piedmont Triad International Airport, and 29 miles from Raleigh Executive Jetport.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Siler City
    County
    Chatham
    State
    North Carolina
    Longitude
    -79.4497
    Latitude
    35.7273

    Nearby Similar for Lease

    • $6,565/Mo

      Siler City Industrial Building

      Industrial building on 3 acres, convenient location in Siler City.
      150 Piney Grove Church Road, Siler City, NC 27344
      View Details
    • Contact for pricing

      Siler City Warehouse For Rent

      122,000 SF warehouse with office space available for rent.
      920 E Raleigh Street, Siler City, NC 27344
      View Details
    • Contact for pricing

      Commercial Space For Lease

      Commercial property available for lease in Siler City, NC.
      920 E Raleigh St, Siler City, NC 27344
      View Details

    FAQs

    What type of property is this?
    Industrial property - 122,000 SF industrial building for lease in Siler City.
    Where is this industrial property located?
    The property is located at 920 E Raleigh Street Siler City, NC.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: Large industrial space: Approximately 122,000 SF on 8.309 acres, suitable for various operations.; Convenient Transportation Access: Close proximity to Hwy 64 (1/2 mile) and Hwy 421 (1 1/2 miles).; Ample Power Supply: 6,000 amps/480 volt electrical service.
    (919) 345-5939
    We can help!
    Listing Contact
    Ed Brown, SIOR, CCIM
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!