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Greensboro Coliseum Area Buildings

1918 W Gate City Blvd Greensboro, NC 27403

1918 W Gate City Blvd, Greensboro, NC, 27403
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Two buildings near Greensboro Coliseum, suitable for various uses.

Property Size17,936 SF
Price / SF$161.69
AddedApr 22
Days on Market85
Last RefreshJul 13 at 2:31 am

Property Features for 1918 W Gate City Blvd

General Information

Standard status
Active
Size
17,936 SF
Property subtype
INDUSTRIAL

Listing office Brown Investment Properties

Listing date Apr 22, 2026

Source Moodyscre

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 Brown Investment Properties


Investment Insights

Based on property information with market context.

Two buildings located directly across from the Greensboro Coliseum are available. The building at 1918 W. Gate City Blvd offers 17,936 square feet of space and could be used as an event center, showroom, or entertainment venue. It features three drive-in doors and a 13-foot clear ceiling height. The building at 1920 W. Gate City Blvd provides 10,176 square feet of open space with five drive-in doors and a 16-foot clear ceiling height.

Key Highlights

  • Directly across from the Greensboro Coliseum
  • Building 1 (1918 W. Gate City): 17,936 +/- SF with potential as event center/showroom/entertainment venue
  • Building 2 (1920 W. Gate City): 10,176 +/- SF open box layout and 5 drive‑in doors

Local 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 $129.1k $7.20
− Vacancy −$7.9k −$0.44
EGI $121.3k $6.76
− OpEx −$36.4k −$2.03
NOI $84.9k $4.73
17,936 SF · lease $7.20/SF/yr · vacancy 6.10% · expense 30.00%

Alternative Uses

Best Use
Industrial
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,883 @ 7.0% cap · market cap 2.93%
Second Best
Flex RnD
$1.13M
$985.3K – $1.31M (±1% cap)
NOI $78,820 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$5.69M
$4.97M – $6.63M (±1% cap)
NOI $397,990 @ 7.0% cap · market cap 13.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

(Bike/Boat/Book/etc) Store HVAC Service Kitchen & Bath Showroom Veterinary Clinic Plumbing Service Electrical Service Nursing Home Pet Store & Service Tanning Salon Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Visions Catering, Floral & Decor — 611 S Elm St, Greensboro, NC 27406
  • vineatmagnoliahouse — 442 Gorrell St, Greensboro, NC 27406
  • Cakeocity — 360 S Elm St, Greensboro, NC 27401
  • Southern Revival Catering — 433-107 Spring Garden St, Greensboro, NC 27401
  • TeresaTastyTreatsLLC — 921 Martin St, Greensboro, NC 27406

FAQs

What type of property is this?
Flex space - Two buildings near Greensboro Coliseum, suitable for various uses.
Where is this flex space located?
The property is located at 1918 W Gate City Blvd Greensboro, NC.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Directly across from the Greensboro Coliseum; Building 1 (1918 W. Gate City): 17,936 +/- SF with potential as event center/showroom/entertainment venue; Building 2 (1920 W. Gate City): 10,176 +/- SF open box layout and 5 drive‑in doors
Contact an agent
(336) 369-5971 Call to check price and availability
More about this property
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