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Property profile & analytics
OFF-MARKET
Estimated value
$1,455,000
Industrial properties
1409 Boulder Ct, Greensboro, NC 27409-8906
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0219850
Property summary
AI-generated overview
This exceptional 9,780-square-foot warehouse, located at 1409 Boulder Ct in Greensboro, North Carolina, presents a significant opportunity for businesses seeking a single-tenant industrial space. Built in 1991, the property sits on a generous 2.62-acre lot, providing ample room for operations and potential expansion. The warehouse boasts an impressive 18-foot ceiling height, facilitating efficient storage and handling of various goods. Access is convenient with one dock-high door and three drive-in doors, ensuring smooth loading and unloading processes. The property is currently vacant, offering immediate occupancy for the new tenant. Situated in Guilford County, with a zip code of 27409, this location offers excellent access to major transportation routes, making it an ideal choice for businesses requiring efficient logistics. The property's size and features make it suitable for a wide range of industrial uses. This is a rare opportunity to secure a substantial, well-maintained warehouse in a prime Greensboro location. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1991
Construction
FRAME
Total area
9,780 SF
Lot
2.64 ac (114,998 SF)
Zoning code
CU-LI
APN
154698
UPID
US53-0219850
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.46M
Owner & transaction history
Kaig Holdings INC · 1 yrs held
Kaig Holdings INC
since 2024
Last sale
$1.5M
3 recorded transactions
Zoning & alternative use
CU-LI · Greensboro, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.3M
+88.2%
Commercial (general)
$1.3M
+6.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Greensboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greensboro submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,455,000
ML approach
$1,455,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,195,000
Current use
RETAIL STORES
$2,255,000
Change: +88% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,270,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$1.46M
Range $1.31M – $1.60M · ±10% · vs last sale $1.46M (Oct 17 2024)
Last sale anchor
$1.46M
Oct 17 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$149 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$4,421
Tax year 2024
Assessed value
$675,300
Assessed 2024
Previous assessed
$675,300
+0.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$237,600
Assessed improvement
$437,700
Land market value
$237,600
Improvement market value
$437,700
Total market value
$675,300
Applied tax rate
58.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1991
Construction
FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
1
Rooms
1
Bathrooms
6
Total area
9,780 SF
Lot
2.64 ac (114,998 SF)
Zoning code
CU-LI
APN
154698
UPID
US53-0219850
Jurisdiction
GUILFORD
Zoning & alternative use
CU-LI · Greensboro, NC
Zoning CU-LI · permitted uses
CU-LI · Greensboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greensboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.2M
RETAIL STORES
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$1.3M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
6
Lot
2.64 ac
Current owner
From public records · entity-resolved
Kaig Holdings INC
Entity
Mailing address
4810 WALLCER RD CANADA XX
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2024
$1,455,000
Kaig Holdings INC
Royal Flush Holdings LLC
Special Warranty Deed
$890,000 · Pinnacle Bank
Jun 6, 2011
$650,000
Royal Flush Holdings LLC
Roundtable Group LLC
Warranty Deed
$552,500 · Branch Banking And Trust Co
Jul 18, 2002
$510,000
Roundtable Group LLC
Johnson,susan L
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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