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Investment Highlights

  • Very desirable lindley park area--this property can accomodate many business uses.
  • Large emerging growth coming with new residents.
  • Prime medical/dental/manufacturing/flex space site.
  • great location--great investment
  • Over 22,000 current residents that can walk to this concept venue.
  • Located 1/2 block to luxury loft old mill apartments / convenient to HOPS burger bar, Scrambled, Kiosko restaruants.

Executive Summary

2925 sf manufacturing space with internal office--CURRENTLY COMPLETE WOODWORKING and sign SHOP
1000 sf freestanding office in Lindley Park--near UNCG
this property is prime for re-development to possible medical/dental/professional uses/coffee shop/neighborhood bar
secure lot and closed circuit camera security
Owner financing possible owner occupants
Manufacturing building has efficient space ray heating for energy savingsand 2 dust free rooms with a/c
LI zoning allows for many business uses and this property would be easily modified to many uses
property is located in desirable Lindley park neighborhood, making this a very attractive walk to destination--other desirable venues within walking distance includes HOPS burger bar, Kiosko Mexican grill, and fat dogs pub and grille
the rolane factory behind this property is being re-developed into luxury loft apartments and when fully leased will add over 500 new residents
within 1/2 block to this site--There are 10,282 male residents living in Lindley Park and 12,135 female residents making this location a very attractive entertainment venue. a trailer park behind the property has been purchased, razed and re-zoned for 72 luxury apartments
to replace this property new today would cost over $1m to build with this location

Property Facts

Price $1,100,000
Price Per SF $280.25
Sale Type Investment or Owner User
Sale Condition 1031 Exchange
Property Type Flex
Property Subtype
Light Manufacturing
  • General Retail Veterinarian Kennel
  • Industrial Manufacturing
  • Office Medical
Building Class B
Lot Size 0.26 AC
Rentable Building Area 3,925 SF
No. Stories 1
Year Built 1992
Tenancy Single
Parking Ratio 1.43/1,000 SF
Clear Ceiling Height 18’
Zoning LI - Light Industrial with 2 buildings-uses manufac medical, dental, retail, food service, office, distribution, service business, veterinarian, healthcare

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Metro/Subway
  • Security System
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Monument Signage
  • Air Conditioning

Utilities

  • Lighting - Metal Halide
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

About 1111 WILLOWBROOK DR , GREENSBORO, NC 27403

2980 sf flex space with 2 internal offices--current use custom woodworking / sign making 900 sf freestanding office with conference room, storage, and 2 offices fenced in lot with closed circuit camera security manufacturing building has efficient space ray heating for energy savings property is zoned light industrial and will accommodate many business types--medical, dental, veterinary, manufacturing, distribution, warehouse, etc. property is located in desirable lindley park neighborhood, making this a very attractive walk to destination--other desirable venues within walking distance includes HOPS burger bar, kiosko mexican grill, and fat dogs pub and grille the rolane factory behind this property is being re-developed into luxury loft apartments and when fully leased will add over 500 new residents in 2024 within 1/2 mile to this site--There are 10,282 male residents living in Lindley Park and 12,135 female residents making this location a very attractive a property behind this parcel has been re zoned for 72 luxury apartments

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Keith Bunch Associates LLC
  • -
  • 35 SF
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Keith Bunch Associates LLC - 35 SF - -
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
0017379
Land Assessment
$45,000
Improvements Assessment
$87,100
Total Assessment
$132,100
  • Listing ID: 16615579

  • Date on Market: 7/14/2019

  • Last Updated:

  • Address: 1111 Willowbrook Dr, Greensboro, NC 27403

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