Add Listing
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

    4747 Mcconnell Ctr Dr Greensboro, NC 27405-9801

    • Industrial properties
    • 299,580 SF
    • 23.53 lot acres
    OFF-MARKET
    Value Estimations
    $34,415,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-2449221
    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

    • Wayfair / Warehouse & Storage

    Property Details for 4747 Mcconnell Ctr Dr

    Year built
    2015
    Lot size
    23.53 lot acres
    Property size
    299,580 SF
    Zone code
    CD-LI
    Property type
    Industrial properties
    APN
    217821
    APU
    217821

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $23,630,000
      6.5%
      $21,810,000
      7%
      $20,255,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $33,118,000
      Market price range: $10.6M - $33.1M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $30,985,000
      Current use
      COMMERCIAL (GENERAL)
      $52,410,000
      Change: +69% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.6994
    Latitude
    36.0568
    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
    $480,674
    $2,117,700
    $33,105,900
    $35,223,600
    -
    $2,117,700
    $33,105,900
    $35,223,600

    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

    • $2,100,000

      Spacious Warehouse with Truck Parking

      30,000+ sq ft warehouse with loading deck and office space.
      1302 N Ohenry Blvd, Greensboro, NC 27405
      View Details
    • $2,100,000

      Spacious Warehouse with Office Space

      30,000+ sq ft warehouse with loading deck and office.
      1302 Ohenry Blvd N, Greensboro, NC 27405
      View Details
    • Contact for pricing

      Office Warehouse Space Available

      Office and warehouse space with loading dock for lease.
      1012 N Raleigh St, Greensboro, NC 27405
      View Details
    • Contact for pricing
      9,664 SF

      Medical Office Condo For Sale

      9,664 SF medical office condo on two floors.
      1910 N Church St, Greensboro, NC 27405
      View Details
    • Contact for pricing

      Land Available in Guilford County

      Raw land with creek, Guilford County. Sells quickly.
      3707 Martin Ave, Greensboro, NC 27405
      View Details
    • $500,000

      Corner Vacant Lot For Sale

      Corner vacant lot near Hwy 29 and 840 loop.
      4517 Hicone Rd, 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
    • Contact for pricing
      18,000 SF

      Greensboro Warehouse with Loading Docks

      18,000 SF warehouse with multiple loading options.
      1013 Warehouse St, Greensboro, NC 27405
      View Details
    • Contact for pricing
      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
    • Contact for pricing
      4,900 SF

      Greensboro Flex Space For Rent

      5000 SF flex space with office and fenced lot.
      816 Post 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

      Commercial Space Available For Lease

      Commercial property available for lease in Greensboro, North Carolina.
      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.
    4747 Mcconnell Ctr Dr
    Greensboro, NC 27405-9801
    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.
    Sign Up Successful!
    You now have access to more from Realmo!