Industrial Warehouse
For Sale
Contact for pricing
420 Shoffner St, Graham, NC 27253
I-1 zoned Graham industrial building with 2,000 SF built in 1997, suited for warehouse and distribution uses.
Property Size2,000 SF
Price / SF$187.50
Days on Market11
Property Features for 420 Shoffner St
General Information
Standard status
Active
Size
2,000 SF
Property subtype
INDUSTRIAL
Zoning
I-1
Building Details
Year Built
1997
Building Size
2,000 SF
Listing Agency:
CityPlat
(919) 698-8799
Listed By:
Graham Storey · License #298847
(919) 698-8799
Source:
Moodyscre
Added: Jul 20
Changed: Jul 30
Last Checked: Jul 30 at 4:09AM
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 CityPlat
Investment Insights
Based on property information with market context.
This I-1 zoned industrial warehouse building in Graham, NC offers 2,000 SF of flexible space built in 1997. The property is described as well maintained and is positioned to support a variety of industrial, warehouse, and distribution uses.
Located at 420 Shoffner St in the Alamance area, the building’s setup and zoning make it a practical option for companies looking for industrial space suitable for logistics, warehousing, or distribution operations.
With its compact size and I-1 designation, the property may fit businesses seeking an adaptable warehouse footprint designed for warehouse and distribution activity.
Located at 420 Shoffner St in the Alamance area, the building’s setup and zoning make it a practical option for companies looking for industrial space suitable for logistics, warehousing, or distribution operations.
With its compact size and I-1 designation, the property may fit businesses seeking an adaptable warehouse footprint designed for warehouse and distribution activity.
Key Highlights
- 2,000 SF industrial warehouse building
- Zoned I‑1 for industrial, warehouse, and distribution uses
- Built in 1997
Financial Insights For Warehouse
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 | $20.2k | $10.10 |
| − Vacancy | −$1.6k | −$0.81 |
| EGI | $18.6k | $9.29 |
| − OpEx | −$2.8k | −$1.39 |
| NOI | $15.8k | $7.89 |
2,000 SF · lease $10.10/SF/yr · vacancy 8.04% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$225.6K
$197.4K – $263.2K
NOI $15,790 @ 7.0% cap · market cap 4.21%
Second Best
Industrial
$112.5K
$98.4K – $131.2K
NOI $7,873 @ 7.0% cap · market cap 2.10%
Theoretical Best
Office A
$659.4K
$577.0K – $769.3K
NOI $46,158 @ 7.0% cap · market cap 12.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
146
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.
Frequently Asked Questions
What type of property is this?
Warehouse - I-1 zoned Graham industrial building with 2,000 SF built in 1997, suited for warehouse and distribution uses.
Where is this warehouse located?
The property is located at 420 Shoffner St Graham, NC.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2,000 SF industrial warehouse building; Zoned I‑1 for industrial, warehouse, and distribution uses; Built in 1997
