Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4015 Melissa Laine Rd Greensboro, NC 27406

    Sponsored
    For Sale
    Pending
    $200,000

    LAND - Greensboro, NC

    Lot size:
    4.30 Acres
    Days on Market:
    15
    Last Refresh:
    Feb 5 at 11:06 pm

    Property Features for 4015 Melissa Laine Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Vegetation
    Wooded
    Zoning
    Residential
    APN
    0133666
    Lot size
    4.30 Acres

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Luis Galdamez

    Fathom Realty NC, LLC (888) 455-6040

    Listing agent Luis Galdamez (919) 949-6461

    Listing date Jan 22, 2026

    MLS# 10135203 Listing URL

    Copyright © 2026 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Land in Greensboro, NC

    This property features over 4 acres of residential land in Greensboro, North Carolina. Situated in an area with low county taxes, the land presents an opportunity for building a home. According to the listing details, the lots cannot be divided; however, the city can be contacted for further investigation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Department Store Kitchen & Bath Showroom Garden Center Electronics & Wireless Store Travel Agency Plumbing Service Pet Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.735628
    Latitude
    36.004757

    Nearby Similar for Sale

    • Sponsored
      $1,625,000
      5,270 SF

      1018 North Elm Street

      Three Contiguous Commercial/Medical/Office Properties
      1018 North Elm St, Greensboro, NC 27401
      View Details
    • $1,790,000
      1.15 Acres

      Greensboro Commercial Property For Sale

      Versatile commercial property in a high-growth Greensboro corridor.
      3718 Old Battleground Rd, Greensboro, NC 27410
      View Details
    • $1,100,000
      5,000 SF

      Established Childcare Facility For Sale

      Profitable childcare business with real estate, ready for new ownership.
      1501 Upland Dr, Greensboro, NC 27405
      View Details
    • $725,000
      7,000 SF

      Greensboro Industrial Building with Office

      Adaptable industrial property featuring warehouse/flex space and private offices.
      145 S Walnut Cir, Greensboro, NC 27409
      View Details
    • $325,000

      Greensboro Triplex with Remodeled Units

      Versatile triplex in Greensboro with remodeled units and income potential.
      3530 Riverside Dr, Greensboro, NC 27406
      View Details
    • $325,000
      2,438 SF

      Greensboro Triplex: Investment Opportunity

      Versatile triplex with remodeled units, income potential, and lake views.
      3530 Riverside Dr, Greensboro, NC 27406
      View Details
    • New
      $400,000
      Pending

      Multifamily Property with Value-Add Potential

      Five-unit multifamily property requiring renovation and stabilization in Greensboro, NC.
      3425 Martin Ave, Greensboro, NC 27405
      View Details
    • $2,990,000

      Versatile Warehouse in Greensboro, NC

      Warehouse with expansive space, high ceilings, and convenient location.
      4929 W Market St, Greensboro, NC 27407
      View Details
    • $1,590,000
      1.22 Acres

      Greensboro Apartment Investment Opportunity

      15-unit apartment building in a convenient Greensboro location.
      2501 Vanstory St, Greensboro, NC 27407
      View Details
    • $1,390,000
      Pending

      Greensboro Multifamily Property Near UNCG

      12-unit property near UNC Greensboro with income upside.
      920 Highland Ave, Greensboro, NC 27403
      View Details
    • $315,000

      Greensboro Duplex Investment Opportunity

      Duplex near downtown Greensboro with long-term renter, great investment.
      1312 Grove St, Greensboro, NC 27403
      View Details
    • $155,000
      0.01 Acres

      Greensboro Condo with Updated Kitchen

      Two-bedroom condo featuring updated kitchen, baths, and HVAC system.
      2807 Treestead Cir, Greensboro, NC 27410
      View Details

    FAQs

    What type of property is this?
    Land - 4+ acre residential land perfect for building a dream home.
    Where is this land located?
    The property is located at 4015 Melissa Laine Rd Greensboro, NC.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - 4+ acre lot provides ample space.; - Low county taxes offer potential savings.; - Opportunity to build a custom dream home.
    (919) 949-6461
    Request Owner's contact information
    4015 Melissa Laine Rd Greensboro, NC 27406
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4015 Melissa Laine Rd
    Greensboro, NC 27406
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4015 Melissa Laine Rd Greensboro, NC 27406
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Luis Galdamez
    (919) 949-6461
    Learn more
    Google sign-in failed. Please try again or use another login method.