Building Details

Year Built 1966

Listing Agency: Grow Local Realty, LLC

Listed By: Yessy Renderos Renderos Show Phone

Source: Burlingtonnchomes4sale

Added: Jan 26 Changed: Oct 25 Last Checked: Oct 7 at 3:13PM

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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

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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 / Yr

$50,149

Cap Rate

7.17%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,002,980 $1.0M

Cap Rate 7%

$716,414 $716.4K

Cap Rate 9%

$557,211 $557.2K

Is this asking price fair?

Market Conditions

NOI Build-Up for 12,740 SF

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 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 (±1% cap)

NOI $100,579 @ 7.0% cap · market cap 14.39%

Second Best

Industrial

$716.4K

$626.9K – $835.8K (±1% cap)

NOI $50,149 @ 7.0% cap · market cap 7.17%

Theoretical Best

Office A

$4.20M

$3.68M – $4.90M (±1% cap)

NOI $294,023 @ 7.0% cap · market cap 42.06%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Dental Office Gym & Fitness Center Bakery (Bike/Boat/Book/etc) Store Computer & Electronic Repair Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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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.