Office Suite with Private
For Sale
$189,000
5709 W Gate City Blvd, Greensboro, NC 27407
Office suite includes five private rooms, a lobby area, and a conference room.
Property Size948 SF
Price / SF$199.37
Days on Market314
Property Features for 5709 W Gate City Blvd
General Information
Standard status
Active
Size
948 SF
Property subtype
Commercial
Building Details
Year Built
2004
Listing Agency:
MZ hOMES, LLC
Listed By:
Mona Joudeh Abuzuaiter
(336) 988-2434
Source:
Searchhomesinthetriad
Added: Dec 20, 2025
Changed: Oct 25
Last Checked: Oct 28 at 8:21AM
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 MZ hOMES, LLC
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Investment Insights
Based on property information with market context.
This office suite offers a practical layout for a professional team, with five private office rooms, a welcoming lobby area, and a spacious conference room for meetings. The configuration supports both individual work and group collaboration within the suite.
The property is offered for sale as a commercial real estate office space on W Gate City Boulevard in Greensboro, NC. The listing describes the location as convenient and sought-after for office use.
For buyers seeking a ready-to-occupy office environment, this suite provides a defined mix of private offices, a shared entry/lobby area, and dedicated conference space.
The property is offered for sale as a commercial real estate office space on W Gate City Boulevard in Greensboro, NC. The listing describes the location as convenient and sought-after for office use.
For buyers seeking a ready-to-occupy office environment, this suite provides a defined mix of private offices, a shared entry/lobby area, and dedicated conference space.
Key Highlights
- Year built 2004 office suite
- Includes 5 private office rooms
- Features a welcoming lobby area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,966
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,320
$259.3K
Cap Rate 7%
$185,229
$185.2K
Cap Rate 9%
$144,067
$144.1K
Market Conditions
NOI Build-Up for 948 SF
Gross rent
$19.0K $20.04/SF
− Vacancy
−$1.7K −$1.80/SF
EGI
$17.3K $18.24/SF
− OpEx
−$4.3K −$4.56/SF
NOI
$13.0K $13.68/SF
Area
Greensboro, NC
Vacancy
9.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,320
Cap Rate 7%
$185,229
Cap Rate 9%
$144,067
Alternative Uses
Best Use
Office B
$185.2K
$162.1K – $216.1K
NOI $12,966 @ 7.0% cap · market cap 6.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$300.5K
$263.0K – $350.6K
NOI $21,036 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
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Business Placement
Demographics for 27407, NC
49,803
Population
23,861
Households
2.1
Avg Household Size
35
Median Age
35%
College-Educated
88%
High-School Grad
29.4 sq mi
ZIP Area
1,694
Density / Sq Mi
$59,308
Median Household Income
$35,819
Median Earnings
$1,113
Median Rent
$203,800
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Office suite includes five private rooms, a lobby area, and a conference room.
Where is this office unit located?
The property is located at 5709 W Gate City Blvd Greensboro, NC.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Year built 2004 office suite; Includes 5 private office rooms; Features a welcoming lobby area
