Property profile

2885 Immanuel Rd Greensboro, NC 27407

OFF-MARKET
Industrial properties
Property ID
US53-1659446
7,720 SF 0.41 ac lot Built 1964
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1964
Construction FRAME
Total area 7,720 SF
Lot 0.41 ac (17,860 SF)
Zoning code LI
APN 17917
UPID US53-1659446

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
  • Hardware & Home Improvement Carpet & Flooring Store

Location

2885 Immanuel Rd Greensboro, NC 27407-2517
Greensboro metro Census 11602 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2024
4 recorded transactions
2024
$675,000
2015
Price N/A
2007
Price N/A
2004
$4,000

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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