1615 Holbrook StGreensboro, NC 27403
- Industrial properties
- 5,400 SF
Property Details for 1615 Holbrook St
- Year built
- 1973
- Lot size
- 0.26 AC
- Property size (Sq ft)
- 5,400 SF
- Zone code
- LI
- Property type
- Industrial properties
- Property subtype
- Other industrial properties
- APN
- 11422
- APU
- 11422
Description
Exceptional investment opportunity: a fully leased, 6,600 square foot industrial warehouse located at 1615 Holbrook Street, Greensboro, North Carolina, 27403. This single-story, 1973-built property sits on a 0.55-acre lot and is zoned IND. The building features three drive-in doors, providing convenient access for tenants. Currently, the property boasts 100% occupancy with two automotive tenants, each occupying a portion of the space (approximately 5,400 SF and 1,200 SF). Both tenants have established a strong presence, having occupied the space for over five years. Leases are in place, extending through April 30, 2025, and February 28, 2026, respectively. The property's strong tenancy and potential for rental increases present a compelling investment opportunity in the Greensboro market. The Guilford County location offers convenient access to major transportation routes. The property's APN numbers are 7854-71-9650, 7854-71-9542, and 7854-71-9447. This is a multi-tenant property offering a stable income stream with significant upside potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $678,120
- Hospitality
- $621,154
- Educational
- $516,793
- Medical
- $534,566
- Retail
- $803,900
Location Insight
- City
- Greensboro
- County
- Guilford
- State
- North Carolina
- Latitude
- 36.0596
- Longitude
- -79.8189
- CBSA code
- 24660
- CBSA name
- GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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