Property profile

1005 Norwalk St Greensboro, NC 27407

OFF-MARKET
Industrial properties
Property ID
US53-5753567
22,500 SF 1.34 ac lot Built 1979
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1979
Construction FRAME
Total area 22,500 SF
Lot 1.34 ac (58,370 SF)
Zoning code LI
APN 57701
UPID US53-5753567

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1005 Norwalk St Greensboro, NC 27407-2024
Greensboro metro Census 12618 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.59M
CAP Approach CAP
$1.64M
Comparable Approach Comparable
$1.77M
Blend (final) Blend
$1.28M

Owner & transaction history

since 2020
Last sale
$850,000
2 recorded transactions
2020
$850,000
2004
$675,000

Zoning & alternative use

LI · Greensboro, NC
Zoning description

The LI, Light Industrial district is primarily intended to accommodate limited manufacturing, wholesaling, warehousing, research and development, and related commercial/service activities which in their normal operations…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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