Back to Search
Property profile & analytics
FOR LEASE
Industrial properties
206 North Chimney Rock Rd Greensboro, NC 27409
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0685804
For Lease
$16,055,000
206 North Chimney Rock Rd, Greensboro, NC 27409
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1981
Total area
220,000 SF
Lot
24.86 ac (1,082,902 SF)
Zoning code
LI
APN
99397
UPID
US53-0685804
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
-
Lewis Logistics Warehouse & Storage
-
FeDeX Distribution Facility Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$16.02M
Comparable Approach
Comparable
$14.80M
Blend (final)
Blend
$16.06M
Owner & transaction history
Ryan Scott INC · 3 yrs held
Ryan Scott INC
since 2023
7 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$17,355,000
6.5%
$16,020,000
7%
$14,875,000
Blend value · Realmo final
$16.06M
Range $14.45M – $17.66M · ±10%
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
$73 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$236,609
Tax year 2023
Assessed value
$16,864,500
Assessed 2023
Previous assessed
$16,864,500
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$2,078,300
Assessed improvement
$14,786,200
Land market value
$2,078,300
Improvement market value
$14,786,200
Total market value
$16,864,500
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
For Lease
Year built
1981
Heating
NONE
Cooling
NONE
Stories
1
Rooms
1
Bathrooms
10
Total area
220,000 SF
Lot
24.86 ac (1,082,902 SF)
Zoning code
LI
APN
99397
UPID
US53-0685804
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
1981
Heating
NONE
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
10
Lot
24.86 ac
Current owner
From public records · entity-resolved
Ryan Scott INC
Entity
Free & Clear · 3 yrs held
Mailing address
1065 AVE OF THE AMERICAS FL 28TH NEW YORK
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2023
—
Ryan Scott INC
Victoria Logistics Assets LP
Assignment Of Lease (leasehold Sale)
—
Oct 5, 2021
$68,362,000
Victoria Logistecs Assets LP
Bre Greensboro Owner LLC
Special Warranty Deed
—
Nov 12, 2020
—
Bre Greensboro Owner LLC
—
Deed
related
—
Mar 13, 2014
$19,150,000
Tprf III Spi Adc LLC
Bv Cip Chimney Rock LLC
Special Warranty Deed
—
Jan 13, 2012
$2,143,000
Russfield Properties LLC
Bv Of Cip Chimney Rock LLC
Grant Deed
—
Jun 24, 2010
$12,300,000
Bv Cip Chimney Rock LLC
Highwoods,realty Limited P
Grant Deed
—
Jun 24, 2010
—
Bv Cip Chimney Rock LLC
Highwoods,realty Limited P
Grant Deed
related
—
—
—
Bre Greensboro Owner LLC
—
Deed Of Trust
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
