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Warehouse with Dock Doors and Yard
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2329 Joe Brown Dr, Greensboro, NC 27405

Renovated warehouse with 15-foot clear height, multiple dock doors, and a fenced gravel yard with dock access.

Property Size18,752 SF
Lot Size1.69 Acres
Price / SF$85.32
Days on Market25

Property Features for 2329 Joe Brown Dr

General Information

Standard status Active
Size 18,752 SF
Lot size 1.69 Acres
Property subtype INDUSTRIAL

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 15 ft
Dock-High Doors 5
Drive-In Doors 1
Heavy Power Yes

Building Details

Year Renovated 2026
Listing Agency: McGee Commercial Real Estate
Listed By: Tim McGee
Source: Moodyscre
Added: Jul 6 Changed: Jul 26 Last Checked: Jul 30 at 12:59PM

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 McGee Commercial Real Estate

Investment Insights

Based on property information with market context.

Warehouse building offering 18,750 square feet with 15-foot clear height and dock access. The property sits on a 1.69 fenced lot and includes a 0.4-acre gravel yard on the east side. Vehicle access features a single front drive-in door measuring 14'H x 24'W and a rear dock door measuring 14'H x 11'W, along with four side dock doors measuring 12'H x 10'W.

The building was recently renovated with a new corrugated metal roof, interior insulation replacement in 2026, and LED lights installed throughout the warehouse. A 480-square-foot conditioned office area is served by a heat pump. Power includes 400 AMP, 240-V, 3-phase service. The area closest to Joe Brown Drive has concrete slab floors, and the original 7,750-square-foot building in the rear has wood flooring over a crawl space. Access is provided from Highway 29 in NE Greensboro.

Key Highlights

  • 18,750 SF warehouse on a 1.69 fenced lot on Joe Brown Dr in NE Greensboro
  • 15’ clear height warehouse with multiple dock doors: four 12’H x 10’W side dock doors plus rear dock access
  • Dock‑ready site: 0.4‑acre gravel yard with dock access on the east side

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 $135.0k $7.20
− Vacancy −$8.2k −$0.44
EGI $126.8k $6.76
− OpEx −$19.0k −$1.01
NOI $107.8k $5.75
18,752 SF · lease $7.20/SF/yr · vacancy 6.10% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.54M
$1.35M – $1.80M (±1% cap)
NOI $107,762 @ 7.0% cap · market cap 6.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.94M
$5.20M – $6.93M (±1% cap)
NOI $416,096 @ 7.0% cap · market cap 26.01%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Building Supply Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15 ft
Clear height
5
Dock-high doors
1
Drive-in doors
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

104
Businesses Nearby
Balanced
Demand for This Use

Demographics for 27405, NC

51,506
Population
21,762
Households
2.4
Avg Household Size
34
Median Age
23%
College-Educated
84%
High-School Grad
31.4 sq mi
ZIP Area
1,640
Density / Sq Mi
$46,498
Median Household Income
$31,677
Median Earnings
$1,002
Median Rent
$150,600
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • Public Storage — 3206 N O.Henry Blvd, Greensboro, NC 27405
  • Mobile on the Spot Storage — 3246 N O.Henry Blvd, Greensboro, NC 27405

Frequently Asked Questions

What type of property is this?
Warehouse - Renovated warehouse with 15-foot clear height, multiple dock doors, and a fenced gravel yard with dock access.
Where is this warehouse located?
The property is located at 2329 Joe Brown Dr Greensboro, NC.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 18,750 SF warehouse on a 1.69 fenced lot on Joe Brown Dr in NE Greensboro; 15’ clear height warehouse with multiple dock doors: four 12’H x 10’W side dock doors plus rear dock access; Dock‑ready site: 0.4‑acre gravel yard with dock access on the east side
(336) 324-2195 Call to check price and availability
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