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4500 Green Point Dr, Greensboro, NC 27410
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Property summary
AI-generated overview
This exceptional 6,840-square-foot warehouse is available for lease in Greensboro, North Carolina. Situated at 4500 Green Point Drive, this single-tenant property offers ample space for various industrial or office needs. The building boasts a substantial 22-foot ceiling height, providing excellent vertical storage capacity. Two loading docks ensure efficient loading and unloading operations. The property is equipped with robust power, featuring a 408hz 400 AMP service, capable of supporting demanding industrial equipment. Located in Guilford County, this warehouse benefits from convenient access to major transportation routes, making it an ideal location for businesses requiring easy distribution and logistics. The entire 6,840 square feet is currently vacant, presenting a unique opportunity for a single tenant to customize the space to their specific requirements. This property is offered as a sublease. The address is 4500 Green Point Dr, Greensboro, NC 27410.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1989
Construction
FRAME
Total area
71,036 SF
Lot
4.82 ac (209,959 SF)
Zoning code
CU-LI
APN
207777
UPID
US53-1786538
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
-
General Contractor Renovation Specialist
-
Big Box & Wholesale Store
-
Corporate Office Factory
-
Security Service
-
Hardware & Home Improvement Production Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.67M
Blend (final)
Blend
$8.63M
Owner & transaction history
since 2021
Last sale
$7.4M
3 recorded transactions
Zoning & alternative use
CU-LI · Greensboro, NC
Top alternative use upside
Commercial (general)
$12.0M
+31.1%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 3 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$8.63M
Value range
$7.76M – $9.49M
±10% around blend
Estimated value / SF
$121 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
30
Income certainty
100
$7.76M
blend $8.63M
$9.49M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
71,036 SF
Lot area
4.82 ac
Year built
1989
Stories
1
APN
207777
Zoning
CU-LI
Assessed value
$7,403,800
Annual tax
$99,803
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$99,803
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$6.08M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.6 mi away · 72,829 SF
10.8 mi away · 56,096 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$8.63M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 21 sales
$129
-6%
Submarket 300 sales
$114
+6%
County 496 sales
$91
+33%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $121/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+31%
vs current-use indication
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
2.90%
Selected cap rate for this industrial properties
Derived from the Greensboro market rent, vacancy and expense benchmarks for this use type.
NOI (est.)
$56k *
Last sale · Apr 2021
$7.40M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.93M
Move the market yield to see immediate price impact.
Value / SF
$27
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.40%2.90%3.40%
$51k
$2.10M
$1.74M
$1.49M
$56k
$2.34M
$1.93M
$1.65M
$62k
$2.57M
$2.13M
$1.82M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$7.70M
0.3 mi · Feb 2026 · $96/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$99,803
Tax year 2023
Assessed value
$7,403,800
Assessed 2023
Previous assessed
$7,403,800
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$626,600
Assessed improvement
$6,777,200
Land market value
$626,600
Improvement market value
$6,777,200
Total market value
$7,403,800
Applied tax rate
2.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1989
Construction
FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
1
Rooms
1
Bathrooms
2
Total area
71,036 SF
Lot
4.82 ac (209,959 SF)
Zoning code
CU-LI
APN
207777
UPID
US53-1786538
Jurisdiction
GUILFORD
Zoning & alternative use
CU-LI · Greensboro, NCZoning CU-LI · permitted uses
CU-LI · Greensboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
2
Lot
4.82 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CU-LI
Jurisdiction
Greensboro, NC
Recorded code
CU-LI
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CU-LI in Greensboro, NC.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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