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    Professional Office Building on Greensboro Title is generated by Realmo AI

    808 Greensboro Rd, High Point, NC

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    Two-story, 6000 SF office building on 3.22 acres.

    Type:OFFICE
    Property size:
    6,000 SF
    Lot size:
    3.22 Acres
    Price / SF:
    $165/SF
    Added:
    Feb 20, 2024
    Days on Market:
    846
    Last Refresh:
    May 19 at 10:24 pm

    Property Features for 808 Greensboro Rd

    General Information

    Standard status
    Active
    Size
    6,000 SF
    Lot size
    3.22 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Mark Lindsay, CCIM

    Listing agent Mark Lindsay, CCIM

    Listing office Lindsay Commercial Properties

    Listing date Feb 20, 2024

    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 Lindsay Commercial Properties

    HighLights

    • +6000 sf professional office building
    • Approx. 3.22 acres of land
    • Opportunity for re‑development or additional development
    • Located in rapidly developing Jamestown area
    • Located along Greensboro Rd
    • Two story building

    Overview

    Located in the rapidly developing Jamestown area along Greensboro Road, this two-story professional office building offers approximately 6000 square feet of space. The property includes approximately 3.22 acres of land, which could be considered for redevelopment or additional development.

    Local Financial Insights For Office B

    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 $130.3k $21.72
    − Vacancy −$18.0k −$3.00
    EGI $112.3k $18.72
    − OpEx −$28.1k −$4.68
    NOI $84.3k $14.04
    6,000 SF · lease $21.72/SF/yr · vacancy 13.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.20M
    $1.05M – $1.40M (±1% cap)
    NOI $84,252 @ 7.0% cap · market cap 8.47%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.55M
    $1.35M – $1.80M (±1% cap)
    NOI $108,240 @ 7.0% cap · market cap 10.88%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    B & C Associates ... Marketing & Advertising R.J. Brown Capital Corporate Office B&C International Marketing & Advertising DA Black Holdings ... Real Estate Agency International Booksmart Fnd Charitable Organization

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    High Point
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.9665
    Latitude
    35.985

    FAQs

    What type of property is this?
    Office building - Two-story, 6000 SF office building on 3.22 acres.
    Where is this office building located?
    The property is located at 808 Greensboro Rd High Point, NC.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: +6000 sf professional office building; Approx. 3.22 acres of land; Opportunity for re‑development or additional development
    (336) 692-5612 Call to check price and availability
    More about this property
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