Warehouse and Office Space
For Sale
Contact for pricing
112 South Walnut Circle, Greensboro, NC 27409
8,400 SF warehouse with office space for sale.
Property Size8,400 SF
Lot Size0.49 Acres
Price / SF$94.64
Days on Market158
Property Features for 112 South Walnut Circle
General Information
Standard status
Active
Size
8,400 SF
Lot size
0.49 Acres
Property subtype
Industrial
Listing Agency:
Joubran Commercial Properties
Listed By:
JJ Joubran, CCIM, SIOR · License #NC 198904
Source:
Crexi
Added: Feb 25
Changed: Jul 6
Last Checked: Aug 1 at 4:06PM
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 Joubran Commercial Properties
Investment Insights
Based on property information with market context.
This property, located off West Market Street on South Walnut Circle, is situated minutes from West Wendover Avenue and Interstate 40. The building includes approximately 1,400 square feet of office space and 7,000 square feet of warehouse space, situated on a 0.49-acre lot.
Key Highlights
- Large warehouse space available (7,000 SF)
- Office space available (1,400 SF)
- Convenient location off West Market Street
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 | $60.5k | $7.20 |
| − Vacancy | −$3.7k | −$0.44 |
| EGI | $56.8k | $6.76 |
| − OpEx | −$8.5k | −$1.01 |
| NOI | $48.3k | $5.75 |
8,400 SF · lease $7.20/SF/yr · vacancy 6.10% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.64M
$1.44M – $1.91M
NOI $114,889 @ 7.0% cap · market cap 14.45%
Second Best
Warehouse
$689.6K
$603.4K – $804.5K
NOI $48,272 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$2.66M
$2.33M – $3.11M
NOI $186,391 @ 7.0% cap · market cap 23.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 27409, NC
17,378
Population
9,616
Households
1.8
Avg Household Size
36
Median Age
38%
College-Educated
96%
High-School Grad
19.9 sq mi
ZIP Area
873
Density / Sq Mi
$57,862
Median Household Income
$40,298
Median Earnings
$1,173
Median Rent
$189,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Carolina Cookin' — 116 Winola Ct, Greensboro, NC 27409
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Frequently Asked Questions
What type of property is this?
Flex space - 8,400 SF warehouse with office space for sale.
Where is this flex space located?
The property is located at 112 South Walnut Circle Greensboro, NC.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Large warehouse space available (7,000 SF); Office space available (1,400 SF); Convenient location off West Market Street
