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151 Blue Bell Rd 9,360 SF Industrial Building Greensboro, NC 27406 $1,650,000 ($176.28/SF) 7.75% Cap Rate

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Investment Highlights

  • Fully leased investment property with stable income through February 2029
  • Functional layout with warehouse, offices, training rooms, and certified clean room
  • Roof replaced in 2016 and property zoned HI for industrial use
  • Current tenant: Apex Industrial, paying $127,890 annually with 3% annual increases
  • Two 10’ x 8’ docks, fenced yard with gate, and conditioned warehouse space

Executive Summary

This fully leased industrial investment property at 151 Blue Bell Road in Greensboro, NC offers a stable income stream and long-term tenant security. The building spans approximately 9,360 square feet, featuring a functional layout with ±7,926 square feet of warehouse space and ±1,434 square feet of office and training areas. The property includes a certified clean room, multiple offices, training rooms, and storage areas, making it highly adaptable for specialized industrial operations.
The site is equipped with two 10’ x 8’ docks, gas pack heaters, and a conditioned warehouse (excluding the clean room). A fenced yard with a secure gate enhances operational efficiency and security. Zoned HI, the property sits on a 0.59-acre lot and benefits from a roof replacement completed in 2016.
Currently leased to Apex Industrial through February 2029, the asset generates $127,890 in annual rent with 3% annual increases, providing investors with predictable cash flow and upside potential. Offered at $1,650,000, this property represents an excellent opportunity to acquire a well-maintained industrial asset in a strong Greensboro submarket with convenient access to major transportation routes.

Property Facts

Price $1,650,000
Price Per SF $176.28
Sale Type Investment
Cap Rate 7.75%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 0.58 AC
Rentable Building Area 9,360 SF
No. Stories 1
Year Built 1969
Tenancy Single
Parking Ratio 1.12/1,000 SF
Zoning HI - Heavy Industrial

Amenities

  • Fenced Lot

Property Taxes

Property Taxes

Parcel Number
0052272
Land Assessment
$63,000
Improvements Assessment
$231,200
Total Assessment
$294,200
  • Listing ID: 39479061

  • Date on Market: 2/18/2026

  • Last Updated:

  • Address: 151 Blue Bell Rd, Greensboro, NC 27406

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