Flex Building with Concrete
New
For Sale
$339,900
420 Shoffner Street, Graham, NC 27253
Commercial Sale, Graham, NC
Property Size2,000 SF
Lot Size0.79 Acres
Price / SF$169.95
Days on Market2
Property Features for 420 Shoffner Street
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
2,000 SF
Lot size
0.79 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Bl 420 Shoffner St 181-729-110
Tax Annual Amount
633
Legal Description
Bl 420 Shoffner St 181-729-110
Building Details
Year built
1997
Floors in Building
1
Flooring type
Concrete
Building materials
Metal Siding
Listing Agency:
Grow Local Realty, LLC
(919) 830-5233
Listed By:
Nicholas S Yarrington · License #238601
(910) 639-4890
Added: Oct 8
Last Checked: Oct 9 at 9:06AM
MLS# 10197418
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.
This flex property contains 2,000 square feet in a metal-sided building with concrete flooring. Built in 1997, the structure sits on a 0.79-acre lot and is suited to workshop, storage, and light industrial functions.
The property is at 420 Shoffner Street in Graham, North Carolina, with access to Highway 70 and downtown Graham.
The property is at 420 Shoffner Street in Graham, North Carolina, with access to Highway 70 and downtown Graham.
Key Highlights
- 2,000‑square‑foot building on a 0.79‑acre lot
- Metal siding and concrete flooring
- Built in 1997
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,790
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,800
$315.8K
Cap Rate 7%
$225,571
$225.6K
Cap Rate 9%
$175,444
$175.4K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$20.2K $10.10/SF
− Vacancy
−$1.6K −$0.81/SF
EGI
$18.6K $9.29/SF
− OpEx
−$2.8K −$1.39/SF
NOI
$15.8K $7.89/SF
Area
Alamance County, NC
Vacancy
8.04%
Lease Rate
$10.10 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,800
Cap Rate 7%
$225,571
Cap Rate 9%
$175,444
Alternative Uses
Best Use
Warehouse
$225.6K
$197.4K – $263.2K
NOI $15,790 @ 7.0% cap · market cap 4.65%
Second Best
Flex RnD
$220.3K
$192.8K – $257.1K
NOI $15,423 @ 7.0% cap · market cap 4.54%
Theoretical Best
Office A
$659.4K
$577.0K – $769.3K
NOI $46,158 @ 7.0% cap · market cap 13.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - A metal-sided building offers practical space for workshop, storage, or light industrial operations.
Where is this flex space located?
The property is located at 420 Shoffner Street Graham, NC.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: 2,000‑square‑foot building on a 0.79‑acre lot; Metal siding and concrete flooring; Built in 1997
