7910 Triad Center DrGreensboro, NC 27409

Property Details for 7910 Triad Center Dr

Year built

1982

Lot size

14.15 AC

Property size (Sq ft)

54,766 SF

Zone code

LI

Property type

Industrial properties

APN

98054

APU

98054

Description

This exceptional Greensboro, NC property, located at 7910 Triad Center Dr, offers 100,394 square feet of versatile space ideal for both office and manufacturing operations. Situated on a substantial 14.15-acre lot, this property boasts a prime location off Highway 68, conveniently positioned in the northwest quadrant of the I-40 and Highway 68 interchange, ensuring easy access and high visibility. The building, constructed in 1982 with additions in 1985 and renovations in 1995, features a durable masonry façade over a steel frame. The interior offers ample space with ceiling heights ranging from 13'1" to 15'5", accommodating a variety of uses. Three dock-high doors facilitate efficient loading and unloading. Parking is abundant, with approximately 287 spaces available, including 7 handicapped-accessible spots. The property is zoned LI - Light Industrial and benefits from a robust electrical service of 4,000 amps, powered by four transformers (one 500 Kva, two 1,000 Kva, and one 1,500 Kva). A fully conditioned HVAC system ensures year-round comfort. The 2003 tax assessment was $113,809.43. This exceptional property is offered at an asking price of $5,000,000. This presents a unique opportunity to acquire a substantial and well-maintained property in a strategic location.

• CAP approach

  CAP return

  Valuation

  6%

  $15,195,000

  6.5%

  $14,026,200

  7%

  $13,024,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,122,600

  Geo Method

  $20,113,600

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $6,869,370

  Mixed-Use / Specialty

  $6,590,200

  Hospitality / Lodging

  $4,503,440

  Office

  $6,285,790

  Institutional / Educational

  $6,760,130

  Residential Income

  $7,909,360

  Multifamily

  $10,897,900

  Automotive / Energy

  $5,794,400

  Parking / Income-Based Land

  $2,251,190

  Restaurant / Food Service

  $2,884,080

  Healthcare / Senior Housing

  $7,019,300

Location Insight

City

Greensboro

County

Guilford

State

North Carolina

Latitude

36.0877

Longitude

-79.9675

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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