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    1018 North Elm St Greensboro, NC 27401

    Sponsored
    Sponsored
    For Sale
    $1,625,000

    Three Contiguous Commercial/Medical/Office Properties

    Property size:
    5,270 SF

    Description

    Added:
    Oct 10, 2025
    Days on Market:
    94
    Three contiguous properties located at 1018 North Elm Street, 1117 Magnolia Street and 1121 Magnolia Street. All three properties zoned commercial.

    The properties sit adjacent to Wendover Avenue with an exit directly onto Magnolia Street. Wendover Avenue is a major Greensboro corridor with proximity to major highways, including I-40, I-73, and I-840.

    The properties are surrounded by multiple medical buildings including Atrium Health, Cone Health, Kind Behavior, new Cone Heart and Vascular Center, dental practices, etc.

    The freestanding 5,270 square foot building was renovated in 2024.

    The three properties offer excellent potential to either remodel the existing building or clear the site for new construction, taking advantage of the expansive area facing Magnolia Street.

    A prominent two-sided building pylon sign sits on Wendover Avenue.

    The properties are close proximity to Downtown Greensboro, Fisher Park, Irving Park.

    Owner occupied with no lease agreements in place.



    Property Features for 1018 North Elm St

    General Information

    Sale Condition
    redevelopment-project
    Property type
    Office buildings
    Investment Type
    redevelopment
    Square Feet
    5,270 SF
    Total Parking Spaces
    50
    Elevators
    No

    Building Details

    Year Built/Renovated
    1953/2024
    Buildings
    1
    Stories
    1

    HighLights

    • High Traffic Commercial Properties. Redevelopment Opportunity. Medical/Office/Commercial Zoned
    Location Intelligence

    Current Use by Public Records

    ELAN Design Source Interior Designer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    State
    North Carolina
    Longitude
    -79.7897985
    Latitude
    36.0786831

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    FAQs

    What type of property is this?
    Office building - Three Contiguous Commercial/Medical/Office Properties
    Where is this office building located?
    The property is located at 1018 North Elm St Greensboro, NC.
    What is the asking price?
    The asking price for this property is $1,625,000.
    What are key features of this property?
    This property features: High Traffic Commercial Properties. Redevelopment Opportunity. Medical/Office/Commercial Zoned
    (336) 549-1860
    Request Owner's contact information
    1018 North Elm St Greensboro, NC 27401
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    Greensboro, NC 27401
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    Realmo Value Estimation

    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.

    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.

    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
    1018 North Elm St Greensboro, NC 27401
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