1150 Pleasant Ridge RdGreensboro, NC 27409

Property Details for 1150 Pleasant Ridge Rd

Year built

2007

Lot size

29.55 AC

Property size (Sq ft)

341,000 SF

Zone code

CD-LI

Property type

Industrial properties

APN

97767

APU

97767

Description

This exceptional 38,750-square-foot industrial warehouse, located at 1150 Pleasant Ridge Rd, Greensboro, NC 27409 in Guilford County, presents a significant opportunity. The property features a single-tenant occupancy, making it an attractive investment for businesses seeking ample space. The warehouse boasts a 32-foot clear height and a column spacing of 50' x 50' with a 50' speed bay. Modern LED lighting is currently being updated. The fire protection system includes an ESFR sprinkler system. Electrical service is provided by a 400-amp, 480Y/227V 3-phase panel. The building includes nine (9) 8' x 10' dock doors

• CAP approach

  CAP return

  Valuation

  6%

  $94,611,800

  6.5%

  $87,333,900

  7%

  $81,095,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $69,254,600

  Geo Method

  $125,237,000

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $42,772,100

  Mixed-Use / Specialty

  $41,033,800

  Hospitality / Lodging

  $28,040,600

  Office

  $39,138,400

  Institutional / Educational

  $42,091,900

  Residential Income

  $49,247,500

  Multifamily

  $67,855,900

  Automotive / Energy

  $36,078,800

  Parking / Income-Based Land

  $14,017,000

  Restaurant / Food Service

  $17,957,700

  Healthcare / Senior Housing

  $43,705,600

Location Insight

City

Greensboro

County

Guilford

State

North Carolina

Latitude

36.1096

Longitude

-79.9774

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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