612 Industrial Ave Greensboro, NC 27406-4604
- Industrial properties
- 9,800 SF
- 0.91 lot acres
Current Use by Public Records
- AC-Santis Rentals & Santis Dumpster / Construction Machine Rental Service
- Santis Flooring Services / Floor Refinishing Service
Property Details for 612 Industrial Ave
- Year built
- 1972
- Construction
- FRAME
- Lot size
- 0.91 lot acres
- Property size
- 9,800 SF
- Zone code
- LI
- Property type
- Industrial properties
- APN
- 53736
- APU
- 53736
Description
This exceptional 10,000 square foot warehouse, located at 612 Industrial Ave in Greensboro, North Carolina, presents a compelling investment opportunity. Priced at $1,200,000, the property sits on a 0.91-acre lot and is zoned LI (Light Industrial), offering versatility for a range of industrial uses. The warehouse boasts a substantial 16-foot ceiling height, providing ample vertical space for storage or operations. Access is facilitated by two 12' x 12' drive-in doors, ensuring efficient loading and unloading. Adding to its functionality, the property includes approximately 2,000 square feet of office space, ideal for administrative functions or tenant occupancy. Currently, approximately 5,000 square feet of the warehouse is under lease. Further enhancing its appeal, the property features fenced-in outdoor storage, providing additional space for materials or equipment. Its strategic location offers convenient access to Piedmont Triad International Airport (PTI), situated just 15 miles away, making it an attractive option for businesses requiring seamless transportation links. This well-maintained property represents a strong investment prospect in a thriving industrial area. The property's size, features, and location combine to create a highly desirable asset for both owner-occupiers and investors. Don't miss this chance to acquire a prime Greensboro warehouse.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $425,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $415,000
- 6.5%
- $465,000
- 7%
- $410,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $430,000
- Geo Method
- $475,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $440,000
- Retail
- $475,000
- Mixed-Use
- $385,000
- Hospitality
- $480,000
- Educational
- $440,000
- Residential Income
- $410,000
- Energy
- $520,000
- Income-Based Land
- $530,000
- Food Service
- $490,000
Location Insight
- Map
- Local Demand
- City
- Greensboro
- County
- Guilford
- State
- North Carolina
- Longitude
- -79.7753
- Latitude
- 36.0256
- CBSA code
- 24660
- CBSA name
- GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
