Property profile

215 J J Dr Greensboro, NC 27406

OFF-MARKET
Other industrial properties
Property ID
US53-1228804
16.57 ac lot Built 2022
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

Interstate Industrial is a 71-acre master-planned industrial development located along Interstates I-40 and I-85 Business and near US Highways 220, 29, and 421, with highway access available about one block from the development entrance. The entrance is positioned at the intersection of South Elm Eugene Street and East JJ Drive. The development is approximately 2.3 miles from Downtown Greensboro and provides access to the Greensboro Urban Loop (I-840) within minutes. The property includes 63,200 square feet of industrial space.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2022
Lot 16.57 ac (721,789 SF)
Zoning code LI
APN 51877
UPID US53-1228804

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Building Supply Industrial Manufacturer

Location

215 J J Dr Greensboro, NC 27406-4411
Greensboro metro Census 12804 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$470k

Owner & transaction history

since 2024
3 recorded transactions
2024
$380,000
2023
Price N/A
2021
Price N/A

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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