Warehouse with Dock Doors and
For Sale
Contact for pricing
Pending
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
Days on Market117
Property Features for 2329 Joe Brown Dr
General Information
Standard status
Pending
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
(336) 324-2195
Source:
Moodyscre
Added: Jul 6
Changed: Oct 26
Last Checked: Oct 28 at 10:18AM
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
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$107,762
Cap Rate
6.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,155,240
$2.2M
Cap Rate 7%
$1,539,457
$1.5M
Cap Rate 9%
$1,197,356
$1.2M
Market Conditions
NOI Build-Up for 18,752 SF
Gross rent
$135.0K $7.20/SF
− Vacancy
−$8.2K −$0.44/SF
EGI
$126.8K $6.76/SF
− OpEx
−$19.0K −$1.01/SF
NOI
$107.8K $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%
$2,155,240
Cap Rate 7%
$1,539,457
Cap Rate 9%
$1,197,356
Alternative Uses
Best Use
Warehouse
$1.54M
$1.35M – $1.80M
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
NOI $416,096 @ 7.0% cap · market cap 26.01%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
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
94
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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
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Market
Vacancy Rate% for Industrial in South region
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
