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Warehouse Property
For Sale
$364,000

420 Shoffner Street, Graham, NC 27253

For sale warehouse located in Alamance County, with directions provided via Shoffner Street.

Property Size2,000 SF
Price / SF$182
Days on Market65

Property Features for 420 Shoffner Street

General Information

Standard status Active
Size 2,000 SF

Building Details

Building Size 2,000 SF
Year Built 1997
Listing Agency: Grow Local Realty
Listed By: Nicholas S Yarrington · License #238601
Source: Evrealestate
Added: May 27 Changed: Jul 27 Last Checked: Jul 30 at 5:41AM

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 Grow Local Realty

Investment Insights

Based on property information with market context.

This for-sale warehouse property is located at 420 Shoffner Street in Graham, North Carolina. The offering is categorized as a warehouse/other warehouse asset and totals 2,000 square feet.

Alamance County is identified for the property, and directions are provided for locating the site from Sellars Mill to Rt on Parker, Lft on White, Rt on Cannon, Lft on Bowling, and Rt on Shoffner.

Because no additional building details are provided in the available information, prospective buyers should confirm physical condition, layout, and any site or operational attributes directly during due diligence.

Key Highlights

  • Warehouse for sale in Alamance County
  • Built in 1997
  • Directions: Sellars Mill to Rt on Parker, Lft on White, Rt on Cannon, Lft on Bowling, Rt on Shoffner

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 (±1% cap)
NOI $15,790 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$659.4K
$577.0K – $769.3K (±1% cap)
NOI $46,158 @ 7.0% cap · market cap 12.68%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Gym & Fitness Center Dental Office Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

146
Businesses Nearby
Under-served
Demand for This Use

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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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 - For sale warehouse located in Alamance County, with directions provided via Shoffner Street.
Where is this warehouse located?
The property is located at 420 Shoffner Street Graham, NC.
What is the asking price?
The asking price for this property is $364,000.
What are key features of this property?
This property features: Warehouse for sale in Alamance County; Built in 1997; Directions: Sellars Mill to Rt on Parker, Lft on White, Rt on Cannon, Lft on Bowling, Rt on Shoffner
More about this property
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