Functional Warehouse with Office
For Sale
Contact for pricing
609 Tucker St, Burlington, NC
101,064 SF warehouse with office, priced below replacement value.
Property Size101,064 SF
Lot Size4.39 Acres
Price / SF$69.26
Days on Market313
Property Features for 609 Tucker St
General Information
Standard status
Active
Size
101,064 SF
Lot size
4.39 Acres
Property subtype
INDUSTRIAL
Listing Agency:
NAI Piedmont Triad
(336) 207-3245
Listed By:
Chris Lowe, CCIM, SIOR
(336) 207-3245
Source:
Moodyscre
Added: Sep 26, 2025
Changed: Jul 10
Last Checked: Jul 21 at 6:32AM
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 NAI Piedmont Triad
Investment Insights
Based on property information with market context.
This functional older building offers approximately 101,064 square feet of total space, including 89,565 square feet of warehouse area, 3230 square feet of nicely appointed office space, and 8269 square feet of floor storage space. The property features concrete flooring, a wet sprinkler system, and new LED lighting in the warehouse areas. Electrical service is provided via a 400 amp 575-volt Delta Electric Delivery from Duke Energy. Warehouse "A" has a 14’ 10” ceiling height and two standard 8 x 8 dock-high doors. Warehouse "B" has a 13’ ceiling height. Warehouse "C" reaches 18’ 5” at the eave, extending to 21’ at the peak, and includes three 8 x 10 dock-high doors with levelers, plus one 14’ x 16’ drive-in door to Acorn Street. Warehouse "D" has a 12’ ceiling height. The property is zoned for light industrial use and has additional yard space potential. It is located 1.7 miles from Interstate 85/40 Exit 145.
Key Highlights
- Priced below replacement value
- Boasting ±101,064 total square feet with significant warehouse space (89,565 SF)
- Convenient location: just 1.7 miles from Interstate 85/40 Exit 145
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 | $626.6k | $6.20 |
| − Vacancy | −$58.3k | −$0.58 |
| EGI | $568.3k | $5.62 |
| − OpEx | −$170.5k | −$1.69 |
| NOI | $397.8k | $3.94 |
101,064 SF · lease $6.20/SF/yr · vacancy 9.30% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$11.40M
$9.97M – $13.30M
NOI $797,877 @ 7.0% cap · market cap 11.40%
Second Best
Industrial
$5.68M
$4.97M – $6.63M
NOI $397,826 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$33.32M
$29.16M – $38.87M
NOI $2,332,432 @ 7.0% cap · market cap 33.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- Monster Movers LLC — 236 E Front St, Burlington, NC 27215
Frequently Asked Questions
What type of property is this?
Warehouse - 101,064 SF warehouse with office, priced below replacement value.
Where is this warehouse located?
The property is located at 609 Tucker St Burlington, NC.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Priced below replacement value; Boasting ±101,064 total square feet with significant warehouse space (89,565 SF); Convenient location: just 1.7 miles from Interstate 85/40 Exit 145
