1705 Holbrook StGreensboro, NC 27403

Property Details for 1705 Holbrook St

Year built

1964

Lot size

0.41 AC

Property size (Sq ft)

7,800 SF

Zone code

LI

Property type

Industrial properties

APN

14501

APU

14501

Description

This exceptional 13,300-square-foot property at 1703 & 1705 Holbrook Street in Greensboro, North Carolina, presents a unique opportunity for businesses seeking a combined office and warehouse space. Built in 1964 and renovated in 1998, the single-tenant building offers approximately 7,800 square feet of office space and up to 5,500 square feet of warehouse/shop area. The entire 13,300 square feet is currently vacant and ready for immediate occupancy. The property features one loading dock and one dock-high door, catering to efficient logistics. Its industrial zoning allows for a variety of uses. The building's previous occupant, a security systems company, leveraged its robust communication and electronic security infrastructure, a potential advantage for future tenants. This location in Greensboro, NC (zip code 27403) offers convenient access to transportation and local amenities. The property is ideal for service-providing companies or any business requiring a blend of office and warehouse functionality. This is a rare opportunity to acquire a well-maintained, versatile commercial space in a desirable location. The property's size, features, and location make it an attractive option for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $2,164,140

  6.5%

  $1,997,670

  7%

  $1,854,980

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,584,120

  Geo Method

  $2,864,660

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $978,364

  Mixed-Use / Specialty

  $938,604

  Hospitality / Lodging

  $641,399

  Office

  $895,248

  Institutional / Educational

  $962,806

  Residential Income

  $1,126,480

  Multifamily

  $1,552,130

  Automotive / Energy

  $825,262

  Parking / Income-Based Land

  $320,624

  Restaurant / Food Service

  $410,763

  Healthcare / Senior Housing

  $999,717

Location Insight

City

Greensboro

County

Guilford

State

North Carolina

Latitude

36.0595

Longitude

-79.82

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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