Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3401 Burlington Rd Greensboro, NC 27405-7607

    • Industrial properties
    • 113,443 SF
    • 8.70 lot acres
    OFF-MARKET
    Value Estimations
    $4,755,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-1125702
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • NC Athletic Edge / Gym & Fitness Center / Sports Field & Court

    Property Details for 3401 Burlington Rd

    Year built
    2022
    Lot size
    8.70 lot acres
    Property size
    113,443 SF
    Zone code
    LI
    Property type
    Industrial properties
    APN
    56016
    APU
    56016

    Description

    This exceptional Class A industrial property, located at 3401 Burlington Road in Greensboro, North Carolina, offers 100,000 square feet of versatile space ideal for manufacturing, warehousing, distribution, or research and development. Built in 2023, the building boasts a 32-foot clear ceiling height, providing ample room for high-volume operations. The property features 19 dock-high doors for efficient loading and unloading, complemented by two drive-in doors and 95 total parking spaces for employees and visitors. The facility is currently fully vacant and available for immediate occupancy. With a minimum divisible space of 50,000 square feet, this property is suitable for a variety of business needs. The building is equipped with 800 amps of power, ensuring sufficient capacity for demanding operations. Situated in Guilford County, this location offers convenient access to major transportation routes, enhancing logistical efficiency. Additional land is available for outside storage, providing further flexibility for expansion or specialized needs. This is a truly move-in ready facility, representing a rare opportunity in the Greensboro market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,506,000
      Market price range: $5.51M - $18.3M
      AI Estimate
      $4,011,000
      Market price range: $4.01M - $12.5M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.7351
    Latitude
    36.0864
    CBSA code
    24660
    CBSA name
    GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $30,096
    $1,136,900
    $1,008,200
    $2,145,100
    -
    $1,136,900
    $1,008,200
    $2,145,100

    Comparable in this City

    • Value Estimation by Request
      3,060 SF

      2824 Market St

      INDUSTRIAL (GENERAL) • 3,060 SF
      2824 Market St, Greensboro, NC 27405-7405
      View Details
    • Value Estimation by Request
      3,000 SF

      1319 Headquarters Dr

      INDUSTRIAL (GENERAL) • 3,000 SF
      1319 Headquarters Dr, Greensboro, NC 27405-7919
      View Details
    • Value Estimation
      $1,325,000
      12,633 SF

      1909 Church St Sta, Unit A

      INDUSTRIAL (GENERAL) • 12,633 SF
      1909 Church St Sta, Greensboro, NC 27405-5631
      View Details
    • Value Estimation by Request
      9,600 SF

      445 English St

      INDUSTRIAL (GENERAL) • 9,600 SF
      445 English St, Greensboro, NC 27405-7309
      View Details
    • Value Estimation
      $39,520,000
      513,860 SF

      4750 Mcconnell Ctr Dr

      INDUSTRIAL (GENERAL) • 513,860 SF
      4750 Mcconnell Ctr Dr, Greensboro, NC 27405-9764
      View Details
    • Value Estimation
      $1,905,000
      20,316 SF

      4820 Us Hwy 29th N

      INDUSTRIAL (GENERAL) • 20,316 SF
      4820 Us Hwy 29th N, Greensboro, NC 27405
      View Details

    Similar Nearby for Sale

    • $910,000
      5,000 SF

      Greensboro Flex Warehouse - $910K

      Prime Greensboro location, 5,000 SF flex space, 100% occupied.
      1042 Lindsay St, Greensboro, NC 27405
      View Details
    • Contact for pricing
      98.01 Acres

      Greensboro Industrial Land

      98 Acres, I-40 Frontage, High Traffic
      3725 Mcconnell Rd, Greensboro, NC 27405
      View Details
    • $7,060,800
      44.13 Acres

      McConnell Road Land Assemblage

      44 Acres, Greensboro, NC Industrial/Mixed-Use
      3739 Mcconnell Rd, Greensboro, NC 27405
      View Details
    • Contact for pricing
      523.74 Acres

      Greensboro Industrial Land

      523 Acres, Prime Location, I-840 Access
      0 Ward Rd, Greensboro, NC 27405
      View Details
    • $3,605,850
      26.71 Acres

      Prime Greensboro Industrial Land

      26.71 Acres, I-85/I-40 Access
      371 Clapp Farms Rd, Greensboro, NC 27405
      View Details
    • $1,250,000
      13,992 SF

      Greensboro Flex Warehouse For Sale

      13,992 SF Flex Space, $1.25M
      1038 Homeland Ave, Greensboro, NC 27405
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      400,000 SF

      Industrial Space with Heavy Power

      400,000 SF industrial space with heavy power for lease.
      1350 16Th St, Greensboro, NC 27405
      View Details
    • $8 SF/Yr
      5,000 SF

      Greensboro Flex Space For Rent

      5000 SF flex space with office and fenced lot.
      816 Post St, Greensboro, NC 27405
      View Details
    • $4 SF/Yr
      9,600 SF

      9,600 SF Warehouse Available

      Warehouse building featuring 15' ceilings and multiple loading options.
      808 Warehouse St, Greensboro, NC 27405
      View Details
    • $33,000
      10,890 SF

      Prime Greensboro Industrial Yard

      Vacant Lot, Heavy Industrial Zoning
      810 Huffman St, Greensboro, NC 27405
      View Details
    • Contact for pricing
      10,215 SF

      Greensboro Warehouse with Drive-In Docks

      Warehouse space featuring drive-in docks and sprinkler system.
      833 N Raleigh St, Greensboro, NC 27405
      View Details
    • Contact for pricing
      293,760 SF

      Prime Greensboro Distribution Center

      293,760 SF Class A Distribution Facility
      3618 Mcconnell Rd, Greensboro, NC 27405
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3401 Burlington Rd
    Greensboro, NC 27405-7607
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.