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    123-138 Eisenhower Ave Greensboro, NC 27406

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    For Sale
    $695,000

    Portfolio of rental homes with development potential on 2.33 acres.

    Lot size:
    1.93 Acres

    Property Features for 123-138 Eisenhower Ave

    General Information

    Lot size
    1.93 Acres

    Source: Allen Tate Greensboro Agent Larry Story

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

    Overview

    Investment Package with Development Potential

    This is an investment package featuring multiple properties: 123, 125, 127, 129, 130 (Vacant Lot) and 134/136/138. The portfolio consists of eight individual buildings situated on five lots, including one duplex and one vacant lot. The combined land area for all parcels totals 2.33 acres. All lots are zoned RM-18. The properties are being sold as-is. The current rent roll is $5691.32 per month, which includes charging tenants for utilities. This portfolio of rental homes offers a great cash flow investment.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.7893036
    Latitude
    36.0414536

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    FAQs

    What type of property is this?
    Land - Portfolio of rental homes with development potential on 2.33 acres.
    Where is this land located?
    The property is located at 123-138 Eisenhower Ave Greensboro, NC.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - Cash flow investment package with current monthly rents of $5691.32.; - Portfolio of 8 individual buildings on 5 lots, including a duplex and a vacant lot.; - Total land area of 2.33 acres for all parcels.
    (336) 327-1841
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    123-138 Eisenhower Ave 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
    123-138 Eisenhower Ave Greensboro, NC 27406
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