For Sale
$1,250,000

1038 Homeland Ave Greensboro, NC 27405

13,992 SF Flex Space, $1.25M

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional 13,992-square-foot flex warehouse building in Greensboro, North Carolina, presents a compelling investment opportunity. Located on a 0.51-acre lot at 1038 Homeland Avenue, this property boasts a desirable location between East Wendover Avenue and East Bessemer Avenue, offering convenient access to major transportation routes. Built in 1959 and extensively renovated in 2021, the building features a versatile layout, including approximately 6,000 square feet of showroom/office space on the upper level and approximately 6,000 square feet of storage on the lower level. Additionally, there's approximately 1,992 square feet of warehouse space on the upper level, equipped with two dock-high doors (one 10' x 14' and one 10' x 8'). The property also includes ample power, three restrooms upstairs, and two restrooms downstairs. The building sits on a 0.51-acre lot and offers 20 parking spaces. The property is zoned CM and comprises one building with two stories. This vacant property is offered at $1,250,000, representing a price per square foot of $89.34 and a price per unit of $1,250,000. A modified gross lease rate of $6.95 is also available. This is a rare opportunity to acquire a well-maintained, versatile industrial property in a prime Greensboro location.

Highlights

  • Sale Price: $1,250,000
  • Lease Rate: $6.95/SF, Modified Gross

Property Details for 1038 Homeland Ave

Property type
Warehouses, Industrial properties
Square Feet
13,992 SF
Year Built/Renovated
1959/2021
Buildings
1
Stories
2
Lot Size (sq. ft)
22,216 SF
Units
1

Location Insight

City
Greensboro
County
Guilford
State
North Carolina
Latitude
36.086837
Longitude
-79.7717749

FAQs

What type of property is this?
Warehouse - 13,992 SF Flex Space, $1.25M
Where is the warehouse located?
The property is located at 1038 Homeland Ave Greensboro, NC.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Sale Price: $1,250,000; Lease Rate: $6.95/SF, Modified Gross;
How can I contact the broker?
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1038 Homeland Ave
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