Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    772 Gallimore Dairy Rd Greensboro, NC 27409
    Back to Search
    Property profile & analytics

    772 Gallimore Dairy Rd, Greensboro, NC 27409

    View on Map
    • Warehouses
    • 122,500 SF
    • 6.94 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 772 Gallimore Dairy Rd

    Year built
    2023
    Lot size
    6.94 lot acres
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional 122,500-square-foot industrial property, constructed in 2023, offers 53,360 square feet of immediately available Class A space. Situated on a generous 6.94-acre lot in Guilford County, this single-tenant building is perfectly positioned within the thriving Piedmont Triad International Airport submarket, ideal for manufacturing and distribution businesses. The available space boasts a 30-foot ceiling height, providing ample vertical storage capacity. Loading and unloading are efficient with 13 dock-high doors and one drive-in door. The interior features two private offices, a reception area, and restrooms, offering a comfortable and functional workspace. The building is fully equipped with a fire sprinkler system for enhanced safety. The property benefits from robust 240V 3-phase power, ensuring sufficient energy for demanding operations. This is a rare opportunity to secure a brand-new, high-quality industrial space in a prime location. The property's size, features, and location make it an excellent choice for businesses seeking efficient and modern facilities. Don't miss this chance to establish your operations in this dynamic area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.9802
    Latitude
    36.066

    Comparable in this City

    • Value Estimation by Request
      64,000 SF

      412 Gallimore Dairy Rd

      Life science properties
      412 Gallimore Dairy Rd, Greensboro, NC 27409
      View Details
    • Value Estimation by Request
      8,000 SF

      337 Carolina 68

      Distribution properties
      337 Carolina 68, Greensboro, NC 27409
      View Details
    • Value Estimation by Request
      31,842 SF

      8203-F Piedmont Triad Pkwy

      Distribution properties
      8203-F Piedmont Triad Pkwy, Greensboro, NC 27409
      View Details
    • Value Estimation by Request
      13,900 SF

      18-B Wendy Ct

      Refrigerated & Cold Storage
      18-B Wendy Ct, Greensboro, NC 27409
      View Details
    • Value Estimation by Request
      86,400 SF

      488 Gallimore Dairy Rd

      Distribution properties
      488 Gallimore Dairy Rd, Greensboro, NC 27409
      View Details
    • Value Estimation by Request
      210,600 SF

      7901 Indlea Pt

      Distribution properties
      7901 Indlea Pt, Greensboro, NC 27409
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,900 SF

      Greensboro Flex Building For Sale

      Flex building with heavy industrial zoning and high occupancy.
      1071 Boulder Rd, Greensboro, NC 27409
      View Details
    • Contact for pricing
      8,400 SF

      Warehouse and Office Space Available

      8,400 SF warehouse with office space for sale.
      112 South Walnut Cir, Greensboro, NC 27409
      View Details
    • $725,000
      7,000 SF

      Greensboro Industrial Building with Offices

      7,000 SF industrial building with office and warehouse space.
      145 S Walnut Cir, Greensboro, NC 27409
      View Details
    • Contact for pricing
      5,000 SF

      Industrial Building on South Edwardia

      Small industrial building near West Market Street and Interstate 40.
      127 S Edwardia Dr, Greensboro, NC 27409
      View Details
    • Contact for pricing

      Greensboro Industrial Facility with Expansion

      80,000 SF industrial facility expandable by 20,000 SF.
      759 South Chimney Rock Rd, Greensboro, NC 27409
      View Details
    • Contact for pricing
      8,000 SF

      Highway 68 Warehouse Investment Opportunity

      8,000 SF warehouse with secure storage near I-40.
      337 Nc Highway 68, Greensboro, NC 27409
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      340,750 SF

      Greensboro Warehouse with Interstate Access

      340,750 SF warehouse with immediate access to major interstates.
      100 Guilford College Rd, Greensboro, NC 27409
      View Details
    • Contact for pricing
      126,000 SF

      Greensboro Warehouse Near Airport

      126,000 SF warehouse near Piedmont Triad International Airport.
      Gallimore Dairy Rd & Chimney Rock Rd, Greensboro, NC 27409
      View Details
    • Contact for pricing
      60,000 SF

      Modern Industrial Space Near Airport

      Available industrial space with excellent access to major transportation routes.
      653 Brigham Rd, Greensboro, NC 27409
      View Details
    • Contact for pricing
      18,930 SF

      Greensboro Industrial Facility For Rent

      Versatile industrial space with warehouse and office components available for lease.
      161 S Walnut Cir, Greensboro, NC 27409
      View Details
    • Contact for pricing
      8,610 SF

      Class A Flex Warehouse Space

      Flex/warehouse park with dock doors, drive-in doors, and storefronts.
      7341-7355 West Friendly Ave, Greensboro, NC 27409
      View Details
    • $12 SF/Yr
      12,600 SF

      West Market Street Warehouse Space

      Warehouse and flex space available near PTI Airport.
      8642-8646 West Market St, Greensboro, NC 27409
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    772 Gallimore Dairy Rd
    Greensboro, NC 27409
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    772 Gallimore Dairy Rd, Greensboro, NC, 27409
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!