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    2921 Causey Lake Rd Greensboro, NC 27406

    For Sale
    $2,240,000

    32.93-acre land assemblage with development potential near I-85.

    Lot size:
    32.93 Acres

    Property Features for 2921 Causey Lake Rd

    General Information

    Lot size
    32.93 Acres

    Source: McGee Commercial Real Estate Agent Tim McGee

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    32.93 Acres Development Land I-85

    This 32.93-acre land assemblage is located on the northwest quadrant of the Alamance Church Road interchange with I-85, which is also part of the Greensboro Urban Loop. It offers future development potential. The highway interchange is within the City’s future growth plans for Greensboro with spot annexation. The location is six miles southeast of downtown and 2.3 miles from US Hwy 421, which leads to the new Toyota EV manufacturing plant in Liberty. The parcels are currently zoned AG, but the highest and best use is for highway interchange development, such as C-stores, retail, and multi-family, when water and sewer access is available. The site is comprised of 2921 Causey Lake Road and 1623 and 1611 Allred Farm Way, and can be subdivided based on the current parcel configuration.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Wholesale Shop Auto Parts Store Department 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
    -79.7284633
    Latitude
    36.0302268

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    FAQs

    What type of property is this?
    Land - 32.93-acre land assemblage with development potential near I-85.
    Where is this land located?
    The property is located at 2921 Causey Lake Rd Greensboro, NC.
    What is the asking price?
    The asking price for this property is $2,240,000.
    What are key features of this property?
    This property features: - 32.93-acre land assemblage with significant development potential.; - Located on the northwest quadrant of the Alamance Church Road interchange with I-85 (Greensboro Urban Loop).; - Positioned within the City’s future growth plans for Greensboro.
    (336) 324-2195
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    2921 Causey Lake Rd Greensboro, NC 27406
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    Greensboro, NC 27406
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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
    2921 Causey Lake Rd Greensboro, NC 27406
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