Multi-Section Industrial
For Sale
Contact for pricing
4524 Tigers Den Rd, Randleman, NC 27317
Immaculate industrial building with connected, fire-walled warehouse sections and up to 5 dock doors.
Property Size85,860 SF
Price / SF$49.09
Days on Market191
Property Features for 4524 Tigers Den Rd
General Information
Standard status
Active
Size
85,860 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Dock-High Doors
12
Drive-In Doors
2
Additional Details
Highway Access
Yes
Listing Agency:
Lindsay Commercial Properties
(336) 692-5612
Listed By:
Mark Lindsay, CCIM
(336) 692-5612
Source:
Moodyscre
Added: Jan 21
Changed: Jul 28
Last Checked: Jul 30 at 1:16PM
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 Lindsay Commercial Properties
Investment Insights
Based on property information with market context.
An exceptionally clean and well maintained industrial facility totaling approximately 85,860+/- square feet, with an office area of about 3,500 square feet that has been beautifully renovated. The warehouse space is connected and divided by fire walls into three separate sections, creating flexible configurations. Section 1 includes fully conditioned space with 2 dock doors and ceiling heights ranging from 15.5' to 20.5'. Section 2 is also fully conditioned, with 5 dock doors and ceiling heights from 13.5' to 20.5'. Section 3 is heat-only and includes 5 dock doors, 2 drive-in doors, and 2 bathrooms.
The property is located in close proximity to I-74 and I-85, supporting regional access for logistics and distribution needs.
Overall, the building offers a mix of fully conditioned and heat-only warehouse areas within a single connected footprint, along with multiple loading options through dock and drive-in doors.
The property is located in close proximity to I-74 and I-85, supporting regional access for logistics and distribution needs.
Overall, the building offers a mix of fully conditioned and heat-only warehouse areas within a single connected footprint, along with multiple loading options through dock and drive-in doors.
Key Highlights
- 85,860+/- SF industrial facility in Randleman, NC with connected, fire‑walled warehouse sections
- Up to approx. 3,500 SF renovated office space
- Warehouse Section 1: 26,000+/- SF fully conditioned; 15.5'–20.5' ceilings; 2 dock doors
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 | $520.3k | $6.06 |
| − Vacancy | −$31.7k | −$0.37 |
| EGI | $488.6k | $5.69 |
| − OpEx | −$146.6k | −$1.71 |
| NOI | $342.0k | $3.98 |
85,860 SF · lease $6.06/SF/yr · vacancy 6.10% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$5.93M
$5.19M – $6.92M
NOI $415,287 @ 7.0% cap · market cap 9.85%
Second Best
Industrial
$4.89M
$4.28M – $5.70M
NOI $342,001 @ 7.0% cap · market cap 8.11%
Theoretical Best
Office A
$29.54M
$25.84M – $34.46M
NOI $2,067,465 @ 7.0% cap · market cap 49.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
12
Dock-high doors
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
155
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 27317, NC
17,563
Population
7,276
Households
2.4
Avg Household Size
42
Median Age
15%
College-Educated
82%
High-School Grad
54.1 sq mi
ZIP Area
325
Density / Sq Mi
$57,266
Median Household Income
$34,578
Median Earnings
$793
Median Rent
$170,100
Median Home Value
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 - Immaculate industrial building with connected, fire-walled warehouse sections and up to 5 dock doors.
Where is this flex space located?
The property is located at 4524 Tigers Den Rd Randleman, NC.
What is the asking price?
The asking price for this property is $4,215,000.
What are key features of this property?
This property features: 85,860+/- SF industrial facility in Randleman, NC with connected, fire‑walled warehouse sections; Up to approx. 3,500 SF renovated office space; Warehouse Section 1: 26,000+/- SF fully conditioned; 15.5'–20.5' ceilings; 2 dock doors
