1325 Eugene St Greensboro, NC 27406-1470
- Industrial properties
- 46,167 SF
- 4.36 lot acres
Current Use by Public Records
- Lost Films Photography LLC / Photography Service / (Bike/Boat/Book/etc) Store
- Jiya’s Eyebrow Threading Salon( Waxing & Spa) / Hair Salon / Nail Salon
- fast & loud bail bonds 336 337 1557 / Consultant
- LightHouse Entertainment / Theater & Performing Art Venue / Music Venue
- The Triad Youth & Event Center / Charitable Organization / Social Service Agency
Property Details for 1325 Eugene St
- Year built
- 1963
- Construction
- FRAME
- Lot size
- 4.36 lot acres
- Property size
- 46,167 SF
- Zone code
- LI
- Property type
- Industrial properties
- APN
- 3368
- APU
- 3368
Description
This exceptional 46,167-square-foot warehouse, located at 1325 S Eugene St in Greensboro, NC, presents a compelling investment opportunity. Built in 1963 and situated on a 4.36-acre lot, the property boasts a desirable LI (Light Industrial) zoning designation. The warehouse features a 16-foot ceiling height, making it suitable for a variety of industrial uses. Six loading docks provide efficient access – three in the back, two on the side, and one mini-dock on the south end. The building is equipped with a 400-amp electrical panel, a sprinkler system (wet or dry stem), and is climate-controlled. Utilities include Greensboro city water and sewer service, and Piedmont Natural Gas. The property is currently occupied by short-term tenants and previously served as office/warehouse space for Pella Windows. Its location benefits from high traffic volume, with approximately 18,700 vehicles per day on S. Elm Eugene Street. The asking price is $4,400,000, translating to $95.31 per square foot. This presents a rare chance to acquire a well-maintained, strategically located industrial asset in a thriving Greensboro market.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,640,000
- 6.5%
- $3,360,000
- 7%
- $3,120,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,978,000
- AI Estimate
- $2,413,000
Market price range: $2.53M - $7.99MMarket price range: $1.52M - $4.65M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $4,690,000 Current use
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Location Insight
- Map
- Local Demand
- City
- Greensboro
- County
- Guilford
- State
- North Carolina
- Longitude
- -79.7928
- Latitude
- 36.0559
- CBSA code
- 24660
- CBSA name
- GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA