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    Climate-Controlled Flex Warehouse Units Title is generated by Realmo AI

    4827 W Gate City Boulevard, Greensboro, NC 27407

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    Multi-tenant flex space with climate-controlled warehouse, showroom, and office areas plus secure gated access.

    Type:Office, Industrial
    Property size:
    125,000 SF
    Lot size:
    1.73 Acres
    Added:
    May 30, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 6 at 3:22 am

    Property Features for 4827 W Gate City Boulevard

    General Information

    Standard status
    Active
    Size
    125,000 SF
    Lot size
    1.73 Acres
    Property subtype
    Office, Industrial

    Building Details

    Year Built
    1943

    Spaces For Lease

    at 4827 W Gate City Boulevard Contact us

    We can help!

    Listing Contact
    Jim Pryor
    Jim Pryor

    Listing agent Jim Pryor License #NC 300373

    Listing office Ardor Commercial Advisors

    Listing date May 30, 2026

    Source Crexi

    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 Ardor Commercial Advisors

    HighLights

    • ±25,000 SF climate‑controlled flex warehouse built in 1943 with showroom, warehouse, and office functionality
    • Direct frontage on W. Gate City Boulevard between I‑40 and I‑73, with dock‑high and ground‑level loading for truck access
    • Multi‑tenant configuration with 17 private units from ±461 SF to ±3,317 SF (all climate‑controlled)
    • Gated exterior with electronic access control and CCTV surveillance for added on‑site security
    • 1.73 acres on site with paved outdoor area for storage, staging, or additional tenant parking

    Overview

    4827 W. Gate City Boulevard is a climate-controlled flex warehouse designed to combine showroom, warehouse, and office functionality under one roof. The property is configured for multi-tenant flex leasing with 17 private units ranging from 461 to 3,317 square feet. Each unit is climate-controlled and served by dock-high or ground-level loading to support a range of day-to-day operational needs.

    The building provides direct frontage on W. Gate City Boulevard and is positioned between Interstate 40 and Interstate 73 within a highly accessible commercial corridor in Greensboro. A gated exterior with electronic access control and CCTV surveillance is in place to support controlled entry and monitoring. On-site features include paved outdoor area for staging, outdoor storage, and additional tenant parking.

    Tenants seeking flexible space that can function as both a work and sales footprint should find the mix of showroom, warehouse, and office components practical. The availability of multiple individually accessed units also supports businesses looking to scale within a flex warehouse setting, while the presence of dock-high and ground-level loading accommodates different delivery and receiving requirements.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Law Firm Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Real Jamaican Jerk & Tingz — 4407 W Gate City Blvd, Greensboro, NC 27407
    • Break of Day Inc — 5002 High Point Rd # F, Greensboro, NC 27407
    • All American Dogs — Greensboro, NC 27407
    • Smokiin Mac — 5002 High Point Rd # F, Greensboro, NC 27407
    • Loveleez.com - Mobile or Private Nail Care for Seniors and Special needs — 4725 W Gate City Blvd Unit D, Greensboro, NC 27407

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.8751
    Latitude
    36.011

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    FAQs

    What type of property is this?
    Flex space - Multi-tenant flex space with climate-controlled warehouse, showroom, and office areas plus secure gated access.
    Where is this flex space located?
    The property is located at 4827 W Gate City Boulevard Greensboro, NC.
    What are key features of this property?
    This property features: ±25,000 SF climate‑controlled flex warehouse built in 1943 with showroom, warehouse, and office functionality; Direct frontage on W. Gate City Boulevard between I‑40 and I‑73, with dock‑high and ground‑level loading for truck access; Multi‑tenant configuration with 17 private units from ±461 SF to ±3,317 SF (all climate‑controlled)
    (704) 620-8745 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jim Pryor
    Jim Pryor
    Real Estate License ID: NC 300373
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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