Industrial Facility Near
For Sale
Contact for pricing
126 Quality Drive, Mocksville, NC 27028
Modern industrial building with convenient highway access for sale.
Property Size80,760 SF
Price / SF$84.51
Days on Market142
Property Features for 126 Quality Drive
General Information
Standard status
Active
Size
80,760 SF
Total Parking Spaces
86
Property subtype
Industrial
Zoning
General Industrial
Building Details
Year Built
2000
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Binswanger
(215) 448-6000
Listed By:
Doug Faris · License #TN, NC, SC, VA, WV
Source:
Crexi
Added: Mar 27
Changed: Aug 8
Last Checked: Aug 13 at 10:39AM
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 Binswanger
Investment Insights
Based on property information with market context.
This modern industrial facility is available for sale. The property is located approximately one mile north of I-40 at exit 170, providing convenient access to Greensboro via I-40 and to I-85 via Hwy 64. The property has a size of 80760 square feet.
Key Highlights
- Modern industrial facility
- Convenient access to Greensboro via I‑40
- Located approximately one mile north of I‑40 exit 170
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
$468,594
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
6.87%
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%
$9,371,880
$9.4M
Cap Rate 7%
$6,694,200
$6.7M
Cap Rate 9%
$5,206,600
$5.2M
Market Conditions
NOI Build-Up for 80,760 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
$726.8K $9.00/SF
− Vacancy
−$57.4K −$0.71/SF
EGI
$669.4K $8.29/SF
− OpEx
−$200.8K −$2.49/SF
NOI
$468.6K $5.80/SF
Area
Davie County, NC
Vacancy
7.90%
Lease Rate
$9.00 /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%
$9,371,880
Cap Rate 7%
$6,694,200
Cap Rate 9%
$5,206,600
Alternative Uses
Best Use
Industrial
$6.69M
$5.86M – $7.81M
NOI $468,594 @ 7.0% cap · market cap 6.87%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$960.72M
$840.63M – $1,120.84M
NOI $67,250,607 @ 7.0% cap · market cap 985.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
Explore this area
Business Placement
Demographics for 27028, NC
26,479
Population
11,096
Households
2.4
Avg Household Size
43
Median Age
20%
College-Educated
88%
High-School Grad
192.8 sq mi
ZIP Area
137
Density / Sq Mi
$66,166
Median Household Income
$39,858
Median Earnings
$837
Median Rent
$198,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Modern industrial building with convenient highway access for sale.
Where is this industrial property located?
The property is located at 126 Quality Drive Mocksville, NC.
What is the asking price?
The asking price for this property is $6,825,000.
What are key features of this property?
This property features: Modern industrial facility; Convenient access to Greensboro via I‑40; Located approximately one mile north of I‑40 exit 170
