Listing Agency: SVN - Real Estate Associates Show Phone

Listed By: Brian Alonso Show Phone

Source: Moodyscre

Added: Jul 30, 2025 Changed: Aug 12 Last Checked: Sep 8 at 3:29AM

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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 SVN - Real Estate Associates

Investment Insights

Based on property information with market context.

This versatile flex and industrial building includes wood flooring throughout the upper floor. The property is designed to support industrial activities with ample parking and easy on-site access.

Located about 2.5 miles north of Interstate 85/40, the site offers convenient positioning between Mebane and Burlington, with access to US 70 approximately 10.5 miles away.

The building size is approximately 22,650 square feet.

Key Highlights

• Versatile flex/industrial building with wood flooring throughout the upper floor
• Ample parking and easy access for day‑to‑day industrial activities
• Located about 2.5 miles north of Interstate 85/40

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

$89,159

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

8.11%

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%

$1,783,180 $1.8M

Cap Rate 7%

$1,273,700 $1.3M

Cap Rate 9%

$990,656 $990.7K

Market Conditions

NOI Build-Up for 22,650 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

$140.4K $6.20/SF

− Vacancy

−$13.1K −$0.58/SF

EGI

$127.4K $5.62/SF

− OpEx

−$38.2K −$1.69/SF

NOI

$89.2K $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 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%

$1,783,180

Cap Rate 7%

$1,273,700

Cap Rate 9%

$990,656

Alternative Uses

Best Use

Flex RnD

$2.50M

$2.18M – $2.91M (±1% cap)

NOI $174,661 @ 7.0% cap · market cap 15.89%

Second Best

Industrial

$1.27M

$1.11M – $1.49M (±1% cap)

NOI $89,159 @ 7.0% cap · market cap 8.11%

Theoretical Best

Office A

$7.47M

$6.53M – $8.71M (±1% cap)

NOI $522,734 @ 7.0% cap · market cap 47.56%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Remnants & Textiles Dcrtv ... (Bike/Boat/Book/etc) Store Piedmont School Sales Association / Organization

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Auto Parts Store Law Firm Restaurant Spa & Massage 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.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

109

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 27258, NC

7,088

Population

2,869

Households

2.5

Avg Household Size

41

Median Age

25%

College-Educated

85%

High-School Grad

18.8 sq mi

ZIP Area

377

Density / Sq Mi

$71,875

Median Household Income

$43,547

Median Earnings

$856

Median Rent

$198,000

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

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Flex and industrial building with wood flooring on the upper floor and ample parking for day-to-day operations.

Where is this flex space located?

The property is located at 410 E Main St Haw River, NC.

What is the asking price?

The asking price for this property is $1,099,000.

What are key features of this property?

This property features: Versatile flex/industrial building with wood flooring throughout the upper floor; Ample parking and easy access for day‑to‑day industrial activities; Located about 2.5 miles north of Interstate 85/40