Property summary
This exceptional 7,700 square foot warehouse property, located at 2885 Immanuel Road in Greensboro, North Carolina (zip code 27407), presents a compelling investment opportunity. The building boasts a versatile layout, including approximately 1800 square feet of office/showroom space, ideal for a variety of businesses. The warehouse itself features high ceilings ranging from 14'6" to 12'6", providing ample storage capacity. The property includes eight dock-high doors, enhancing operational efficiency. These doors vary in size, including a 16' wide x 10' high dock door and an 8' x 8' dock door, all leading onto a loading apron equipped with a lift. There's also an 8' wide x 8' wide step van height dock door. Existing pallet racking will remain, adding further value. The property benefits from excellent visibility on Holden Road and convenient access to Interstates 40 and 85, ensuring easy transportation and logistics. The asking price for this industrial property is $795,000. This is a rare opportunity to acquire a well-equipped warehouse in a prime Greensboro location.
Property profile
VerifiedCap rate & NOI
Current use
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Hardware & Home Improvement Carpet & Flooring Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
LI · Greensboro, NCThe 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LI in Greensboro, NC.
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