3174 Weeden St, Staley, NC 27355
21.69 acres with industrial buildings near major developments.
- Added:
- Sep 5, 2024
- Days on Market:
- 670
- Last Refresh:
- May 12 at 9:13 pm
Property Features for 3174 Weeden St
General Information
- Standard status
- Active
- Size
- 85,691 SF
- Lot size
- 21.69 Acres
- Property subtype
- Land
Listing office The Nichols Company (704) 345-8209
Listing date Sep 5, 2024
Source Crexi
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 The Nichols Company
HighLights
- 21.69 acres in a rapidly growing industrial area.
- Located just 1.5 miles from the Highway 421 and Highway 49 interchange.
- Approximately 85,691 square feet of industrial buildings on site.
- Proximity to Toyota Battery Plant (approximately 10 miles away).
- Proximity to Wolfspeed Megasite in Chatham County (approximately 5 miles away).
- Excellent potential for development.
Overview
Local 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 | $519.3k | $6.06 |
| − Vacancy | −$31.7k | −$0.37 |
| EGI | $487.6k | $5.69 |
| − OpEx | −$146.3k | −$1.71 |
| NOI | $341.3k | $3.98 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Staley
- County
- Randolph
- State
- North Carolina
- Longitude
- -79.5626537
- Latitude
- 35.805008
