1204 Main St Graham, NC 27253-4512
This exceptional Graham, NC office complex, situated on a 1.44-acre corner lot (APN: 144357, 144356, 144361), offers 4,500 square feet of fully occupied Class B space in a high-traffic area. The single-tenant building, constructed in 2003 and extensively renovated in 2019 (new flooring, HVAC, conference room, paint), boasts a 3.73% cap rate and a $55,000 NOI. The property includes three buildings: the main 4,500 sq ft office, a rentable house generating approximately $1,200 monthly income, and a storage building. Benefiting from a B2 zoning designation, the property's prime location is further enhanced by its proximity to a newly constructed Sheetz and ongoing commercial development at an adjacent corner. A significant new housing development is underway nearby, promising increased population density and future growth potential. The property is currently 100% occupied since January 1, 2003, presenting a strong investment opportunity for owner-occupants or investors seeking a high-traffic location with significant upside potential. The current rent does not reflect market value, offering a new owner the opportunity to increase rental income substantially.
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Black Armor Productions Marketing & Advertising (Bike/Boat/Book/etc) Store
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ComTech Tech Support Center IT Consulting Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B 2 · Graham, NCGraham. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.