Heavy Industrial
1310 W GATE CITY BLVD, Greensboro, NC
For Sale
Contact for pricing
HI zoning supports a range of industrial and service uses, with the building delivered vacant at closing.
Property Size8,000 SF
Lot Size0.46 Acres
Price / SF$85.63
Days on Market29
Property Features for 1310 W GATE CITY BLVD
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Warehouse Space
Power
Three-Phase Power
Sprinkler System
Additional Details
Asking Price
Property Use
Building Details
Buildings
Building Size
Listing Agency:
Olympus Capital Commercial Real Estate
Listed By:
Elliot Sheridan · License NC #306232
Source:
Crexi
Added: Oct 12
Changed: Nov 8
Last Checked: Nov 8 at 4:37PM
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 Olympus Capital Commercial Real Estate
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Investment Insights
Based on property information with market context.
At 1310 W Gate City Blvd, this freestanding warehouse contains 8,000 square feet on a 0.46-acre site. The building is zoned HI (Heavy Industrial) and will be vacant at closing. Physical features include 12-foot clear height, a 9' x 10' rear roll-up door, 200-amp three-phase power, and a sprinkler system. The zoning accommodates uses such as auto and tire service, contractor and trade shops, light manufacturing, storage, and distribution; buyers should confirm intended use with the City of Greensboro.
The property is along W Gate City Blvd between downtown Greensboro and the Coliseum district. Freeman Mill Rd, I-40, and Business 85 are described as minutes away. The site is at the edge of the UNC Greensboro campus, where new residence halls and mixed-use buildings have been developed along the corridor.
The property is along W Gate City Blvd between downtown Greensboro and the Coliseum district. Freeman Mill Rd, I-40, and Business 85 are described as minutes away. The site is at the edge of the UNC Greensboro campus, where new residence halls and mixed-use buildings have been developed along the corridor.
Key Highlights
- 8,000‑square‑foot freestanding warehouse on 0.46 acres
- HI (Heavy Industrial) zoning accommodates service, trade, manufacturing, storage, and distribution uses
- 12‑foot clear height and a 9' x 10' rear roll‑up door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,973
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$919,460
$919.5K
Cap Rate 7%
$656,757
$656.8K
Cap Rate 9%
$510,811
$510.8K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$57.6K $7.20/SF
− Vacancy
−$3.5K −$0.44/SF
EGI
$54.1K $6.76/SF
− OpEx
−$8.1K −$1.01/SF
NOI
$46.0K $5.75/SF
Area
Greensboro, NC
Vacancy
6.10%
Lease Rate
$7.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$919,460
Cap Rate 7%
$656,757
Cap Rate 9%
$510,811
Alternative Uses
Best Use
Warehouse
$656.8K
$574.7K – $766.2K
NOI $45,973 @ 7.0% cap · market cap 6.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.54M
$2.22M – $2.96M
NOI $177,516 @ 7.0% cap · market cap 25.91%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
12 ft
Clear height
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
3,348
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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Market
Properties on Market for Warehouses in Greensboro
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Self-Storage at U-Haul — 911 W Gate City Blvd, Greensboro, NC 27403
- Phil's Self Storage — 315 W Gate City Blvd, Greensboro, NC 27406
- Trailer Yourself - Weekly Trailer Rentals — 600 Tipton Pl, Greensboro, NC 27406
- Gridline Delivery Service — 620 S Elm St #109, Greensboro, NC 27406
- 517 Medley Warehouse — 517 Medley St, Greensboro, NC 27406
Frequently Asked Questions
What type of property is this?
Warehouse - HI zoning supports a range of industrial and service uses, with the building delivered vacant at closing.
Where is this warehouse located?
The property is located at 1310 W GATE CITY BLVD Greensboro, NC.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 8,000‑square‑foot freestanding warehouse on 0.46 acres; HI (Heavy Industrial) zoning accommodates service, trade, manufacturing, storage, and distribution uses; 12‑foot clear height and a 9' x 10' rear roll‑up door
