Multi-Building Industrial
For Sale
$699,000
300 Guthrie Street, Graham, NC 27253
COMMERCIAL - Graham, NC
Property Size12,740 SF
Lot Size0.78 Acres
Price / SF$54.87
Days on Market463
Property Features for 300 Guthrie Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
(I-1)
Standard status
Active
APN
145574
Size
12,740 SF
Lot size
0.78 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Guthrie St 160-650-114
Tax Annual Amount
1211
Legal Description
Guthrie St 160-650-114
Building Details
Year built
1966
Flooring type
Concrete
Building materials
Brick, Metal Siding
Roof type
Metal
Listing Agency:
Grow Local Realty, LLC
(919) 830-5233
Listed By:
Yessy Renderos Renderos
(919) 665-7523
Added: Apr 24, 2025
Changed: Jul 29
Last Checked: Jul 30 at 2:06PM
MLS# 10091530
Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The Black Mamba is a multi-building industrial warehouse offering a configuration designed for distribution, storage, and manufacturing, supported by heavy power distribution. The property includes several enclosed warehouse spaces, with updates that include new brick exterior walls, roof repairs, and wall enhancements, to modernize the 1966-built improvements.
Situated at 300 Guthrie Street in Graham, the site provides ample parking and is described as conveniently located next to I-40/85, supporting access to Burlington and other nearby cities including Durham, Raleigh, and Greensboro. The property is zoned (I-1) light industrial.
This offering combines a multiple-warehouse layout with ongoing renovation work and an I-1 zoning designation for compatible industrial users seeking an operational footprint on a single property.
Situated at 300 Guthrie Street in Graham, the site provides ample parking and is described as conveniently located next to I-40/85, supporting access to Burlington and other nearby cities including Durham, Raleigh, and Greensboro. The property is zoned (I-1) light industrial.
This offering combines a multiple-warehouse layout with ongoing renovation work and an I-1 zoning designation for compatible industrial users seeking an operational footprint on a single property.
Key Highlights
- 12,740 SF light industrial property at 300 Guthrie St, Graham, NC 27217
- Sits on 0.78 acres and includes multiple warehouse building layout
- Zoned I‑1 (Light Industrial) for distribution, storage, and manufacturing uses
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.0k | $6.20 |
| − Vacancy | −$7.3k | −$0.58 |
| EGI | $71.6k | $5.62 |
| − OpEx | −$21.5k | −$1.69 |
| NOI | $50.1k | $3.94 |
12,740 SF · lease $6.20/SF/yr · vacancy 9.30% · expense 30.00%
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
Property Profile
Current Use
Lease Details
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
714
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Graham Marine Sales — 318 W Harden St, Graham, NC 27253
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse property zoned I-1 with multiple buildings, heavy power distribution, and recent exterior and roof improvements.
Where is this warehouse located?
The property is located at 300 Guthrie Street 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: 12,740 SF light industrial property at 300 Guthrie St, Graham, NC 27217; Sits on 0.78 acres and includes multiple warehouse building layout; Zoned I‑1 (Light Industrial) for distribution, storage, and manufacturing uses
