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Property profile & analytics
OFF-MARKET
Industrial properties
1615 Holbrook St, Greensboro, NC 27403-2869
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US53-1030821
Property summary
AI-generated overview
Exceptional investment opportunity: a fully leased, 6,600 square foot industrial warehouse located at 1615 Holbrook Street, Greensboro, North Carolina, 27403. This single-story, 1973-built property sits on a 0.55-acre lot and is zoned IND. The building features three drive-in doors, providing convenient access for tenants. Currently, the property boasts 100% occupancy with two automotive tenants, each occupying a portion of the space (approximately 5,400 SF and 1,200 SF). Both tenants have established a strong presence, having occupied the space for over five years. Leases are in place, extending through April 30, 2025, and February 28, 2026, respectively. The property's strong tenancy and potential for rental increases present a compelling investment opportunity in the Greensboro market. The Guilford County location offers convenient access to major transportation routes. The property's APN numbers are 7854-71-9650, 7854-71-9542, and 7854-71-9447. This is a multi-tenant property offering a stable income stream with significant upside potential.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1973
Total area
5,400 SF
Lot
0.26 ac (11,326 SF)
Zoning code
LI
APN
11422
UPID
US53-1030821
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
Current use
Occupant on record · Public records
-
Cheapest Towing Services Auto Repair Shop
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Success Auto Body Repairs Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Beach One Holding LLC · 1 yrs held
Beach One Holding LLC
since 2024
Last sale
$93,833
3 recorded transactions
Zoning & alternative use
LI · Greensboro, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,103
Tax year 2023
Assessed value
$221,200
Assessed 2023
Previous assessed
$221,200
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$39,000
Assessed improvement
$182,200
Land market value
$39,000
Improvement market value
$182,200
Total market value
$221,200
Applied tax rate
1.0000
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
1973
Heating
FORCED AIR
Cooling
NONE
Buildings
2
Stories
1
Rooms
2
Bathrooms
1
Total area
5,400 SF
Lot
0.26 ac (11,326 SF)
Zoning code
LI
APN
11422
UPID
US53-1030821
Jurisdiction
GUILFORD
Zoning & alternative use
LI · Greensboro, NC
Zoning LI · permitted uses
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.
Building & site characteristics
From public records
Year built
1973
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
2
Bathrooms
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Beach One Holding LLC
Entity
Mailing address
4200 COLD SPGS RD, WINSTON SALEM, NC 27106-4206
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
Dec 31, 2024
$390,000
Beach One Holding LLC
Ef R Ain LLC
Warranty Deed
$250,000 · Coastal Carolina National Bank
Aug 11, 2021
$281,500
Ef Rain LLC
Gsa Holdings LLC
Special Warranty Deed
$203,000 · Pinncacle Bank
Nov 13, 2012
—
Gsa Holdings LLC
Anderson,gary S & Linda M
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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