Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Mebane Industrial Land For Lease Title is generated by Realmo AI

    1402 Dogwood Way, Mebane, NC 27302

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    5.60 acre industrial land for lease near I-40/85.

    Type:Industrial
    Property size:
    70,000 SF
    Added:
    Nov 22, 2025
    Days on Market:
    180
    Last Refresh:
    Apr 5 at 8:32 pm

    Property Features for 1402 Dogwood Way

    General Information

    Standard status
    Active
    Size
    70,000 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    David Hagan

    Listing agent David Hagan

    Listing office

    Listing date Nov 22, 2025

    Source Cbre

    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 David Hagan

    HighLights

    • Less than 1 mile to I‑40/85, providing excellent transportation access.
    • Build‑to‑Suit Leaseback: Owner will build up to 70,000± SF for lease.
    • Located in Carolina Central Industrial Center (CCIC), a well‑maintained 91‑acre corporate park.
    • Zoned Light Industrial.
    • All utilities in place: City Water/Sewer, Duke Energy Electric, Public Service of NC Gas.
    • Site is level and graded with stormwater drainage in place.

    Overview

    This 5.60± acre industrial land is available for lease in Mebane, North Carolina. The owner offers a build-to-suit leaseback option, constructing up to 70,000± square feet for lease. Zoned for light industrial use, the site features paved parking, city water and sewer connections, Duke Energy electric service, and Public Service of NC gas. The level and graded site includes stormwater drainage. Located less than 1 mile from I-40/85, the property provides easy access to US-70, Hwy 119, and other major thoroughfares. Piedmont Triad International Airport is 40 minutes away, and Raleigh-Durham International Airport is 35 minutes away. The property is situated in Alamance County's Carolina Central Industrial Center (CCIC), a 91-acre corporate park with over 700,000 square feet of existing space. CCIC is centrally located off Interstate I-40/85 (Exit 153) between Greensboro and Raleigh. The business park features attractive landscaping, underground utilities, well-lighted streets, and ample parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    • ModBox Storage — 479 Compass Dr, Mebane, NC 27302

    Location Insight

    • Map
    • Local Demand
    City
    Mebane
    County
    Alamance
    State
    North Carolina
    Longitude
    -79.2967
    Latitude
    36.0729

    Nearby Similar for Lease

    • $22 SF/Yr
      2,600 SF

      Remodeled Flex Office Space Available

      Customizable flex office space in Mebane, minutes from downtown.
      2258 Us Highway 70, Mebane, NC 27302
      View Details
    • $24 SF/Yr
      2,800 SF

      Retail Space Near Tanger Outlets

      Retail space for lease in Lowes Foods anchored shopping center.
      1020 Mebane Oaks Road, Mebane, North Carolina 27302
      View Details
    • $23 SF/Yr
      2,100 SF

      Retail Space in Mebane Ridge

      Retail space available in Mebane Ridge Shopping Center.
      1905-1941 NC Highway 119 S, Mebane, NC
      View Details
    • Contact for pricing

      Retail Space in Mebane

      Retail spaces available for lease in Mebane, North Carolina.
      4000 Arrowhead Blvd., Mebane, NC 27302
      View Details
    • $43,333 SF/Yr

      Mebane Warehouse with Interstate Access

      130,000 sq ft warehouse with outside storage available for lease.
      709 Ao Smith Road, Mebane, NC 27302
      View Details
    • $7 SF/Yr
      232,336 SF

      Mebane Industrial Facility For Lease

      232,336 SF industrial facility in Mebane, North Carolina.
      2350 Park Center Dr, Mebane, NC
      View Details
    • Contact for pricing
      50,250 SF

      Mebane Warehouse Space Available

      50,250 sqft warehouse/industrial space for lease in Mebane, NC.
      1020 Corporate Park Drive, Mebane, NC, 27302
      View Details
    • Contact for pricing
      5,384 SF

      Mixed-Use Development in Mebane, NC

      New mixed-use development with retail, restaurant, medical, and multifamily spaces.
      Trollingwood Hawflds Rd, Mebane, NC
      View Details
    • Contact for pricing
      369,420 SF

      Mebane Cross Dock Loading Facility

      369,420 square foot cross dock loading facility for lease.
      1017 Corporate Park Drive, Mebane, NC
      View Details
    • Contact for pricing
      5,861 SF

      New Mixed-Use Development Retail Space

      Retail space available in a new mixed-use development.
      Rowland Ln, Mebane, NC
      View Details
    • Contact for pricing
      115,000 SF

      Mebane Warehouse Space Available

      115,000 square foot warehouse space for rent in Mebane.
      700 Trollingwood Hawflds Rd, Mebane, NC
      View Details
    • $9 SF/Yr

      Industrial Warehouse Near I-40/I-85

      Industrial warehouse on 21.88 acres with highway access.
      7601 Oakwood St, Mebane, NC 27302
      View Details

    FAQs

    What type of property is this?
    Warehouse - 5.60 acre industrial land for lease near I-40/85.
    Where is this warehouse located?
    The property is located at 1402 Dogwood Way Mebane, NC.
    What are key features of this property?
    This property features: Less than 1 mile to I‑40/85, providing excellent transportation access.; **Build‑to‑Suit Leaseback:** Owner will build up to 70,000± SF for lease.; Located in Carolina Central Industrial Center (CCIC), a well‑maintained 91‑acre corporate park.
    (336) 369-5800
    We can help!
    Listing Contact
    David Hagan
    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

    Thank You for Inquiry
    1402 Dogwood Way, Mebane, NC, 27302
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!