5420 Millstream Rd, Mc Leansville, NC 27301-9527
- Office Spaces
- 147,084 SF
- 11.36 lot acres
Current Use by Public Records
- Conduit Global / Telecommunications Service
Property Details for 5420 Millstream Rd
- Year built
- 1990
- Construction
- FRAME
- Lot size
- 11.36 lot acres
- Zone code
- BP
- Property type
- Office Spaces
- APN
- 84854
- APU
- 84854
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 1, 2026 | $5,650,000 | Triad Educational Services INC | Eastport Ventures LLC | Special Warranty Deed | $170k · Regions Bank |
| Apr 3, 2017 | $7,324,000 | Eastport Ventures LLC | Sra Of Eastport Office Building L | Grant Deed | — |
Description
This exceptional 147,301 square foot, three-story Class B office building presents a unique investment opportunity. Located in Greensboro, North Carolina, on an 11.36-acre lot in a Business Park (BP) zoning district, this property boasts approximately 605 parking spaces (4.11 per 1,000 sq ft). Built in 1990, the building features approximately 49,100 square foot floorplates with open layouts and abundant natural light from expansive windows. Amenities include a cafeteria, loading dock, and a striking three-story atrium. The campus-like setting offers attractive outdoor spaces such as terraces and patios. Its prime location along the I-40/I-85 corridor provides excellent visibility and signage. The property is conveniently situated approximately 15 minutes from downtown Greensboro, one hour from Raleigh, and 1.5 hours from Charlotte. Currently at 5% occupancy, this multi-tenant building offers significant upside potential. The property's APN is 84854, and the lease type is Gross. This is a rare opportunity to acquire a substantial office building in a desirable location. The auction is scheduled for November 11-13, 2024. Please note that dates and times are subject to change.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $13,390,000
- AI Estimate
- $9,601,000
Market price range: $12.4M - $35.7MMarket price range: $7.72M - $24.3M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mc Leansville
- County
- Guilford
- State
- North Carolina
- Longitude
- -79.6558
- Latitude
- 36.0576
- CBSA code
- 24660
- CBSA name
- GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
