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Property profile & analytics
OFF-MARKET
Estimated value
$8,625,000
Industrial properties
4500 Grn Pt Dr, Greensboro, NC 27410-8125
Entity Owned
5-yr Hold
Free & Clear
Property ID
US53-1786538
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Florida Tile General Contractor Renovation Specialist
-
Thomas Gourmet Foods Big Box & Wholesale Store
-
DaVinci Aerospace Corporate Office Factory
-
ADI Global Distribution - Greensboro Security Service
-
Schiller Hardware Inc Hardware & Home Improvement Production Facility
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
Bcore Green Point Bp LLC · 5 yrs held
Bcore Green Point Bp LLC
since 2021
Last sale
$7.4M
3 recorded transactions
Zoning & alternative use
CU-LI · Greensboro, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$12.0M
+31.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Greensboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greensboro submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$11,665,000
ML approach
$10,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$9,170,000
Current use
COMMERCIAL (GENERAL)
$12,025,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$8.63M
Range $7.76M – $9.49M · ±10% · vs last sale $7.40M (Apr 20 2021)
Last sale anchor
$7.40M
Apr 20 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$121 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
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
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
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, NC
Zoning CU-LI · permitted uses
CU-LI · Greensboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greensboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$9.2M
COMMERCIAL (GENERAL)
Est. value
$12.0M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · 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
Current owner
From public records · entity-resolved
Bcore Green Point Bp LLC
Entity
Free & Clear · 5 yrs held
Mailing address
345 PARK AVE, NEW YORK, NY 10154-0004
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2025
—
Bcore Green Point Bp LLC
—
Deed
related
$500,000,000 · Wells Fargo Bank NA
Nov 9, 2021
—
Bcore Green Point Bp LLC
—
Deed
related
$690,000,000 · Wells Fargo Bank NA
Apr 20, 2021
$7,403,000
Bcore Green Point Bp LLC
Liberty Property Limited Partnershi
Special Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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