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Institutional Property with Daycare Lease
For Sale
$199,900

1203 Walnut Street, Greensboro, NC 27405

Zoned institutional, leased as daycare until April 2028.

Property SizeContact for details
Days on Market367

Property Features for 1203 Walnut Street

General Information

Standard status Active
Property subtype Commercial

Amenities

City Lot

Building Details

Year Built 1935
Listing Agency: RIVER LAKE HOMES LLC
Listed By: SHANNON MOORE · License #278386
Source: Corcoran
Added: Aug 22, 2025 Changed: Aug 17 Last Checked: Aug 23 at 5:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RIVER LAKE HOMES LLC

Investment Insights

Based on property information with market context.

This property, zoned for institutional use, is currently leased as a daycare center. The existing lease extends until April 2028, presenting an investment opportunity with ongoing income. The property's institutional zoning suggests a range of potential alternative uses beyond its current operation as a daycare. Viewings are available after 6:30 PM on weekdays or anytime on Saturday and Sunday.

Key Highlights

  • Zoned institutional, offering diverse usage possibilities.
  • Currently leased, providing immediate rental income.
  • Existing lease in place until April 2028, ensuring a stable income stream.

Property Analytics

Current Use

DOVES AT PLAY CHILDCARE Daycare Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Pet Store Veterinary Clinic Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,036
Businesses Nearby
Well-served
Demand for This Use

Demographics for 27405, NC

51,506
Population
21,762
Households
2.4
Avg Household Size
34
Median Age
23%
College-Educated
84%
High-School Grad
31.4 sq mi
ZIP Area
1,640
Density / Sq Mi
$46,498
Median Household Income
$31,677
Median Earnings
$1,002
Median Rent
$150,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Children's Home Society 1002 Yanceyville St, Greensboro, NC 27405
  • Magical World Childcare 1710 E Bessemer Ave, Greensboro, NC 27405
  • Our Children's House 1105 Magnolia St, Greensboro, NC 27401
  • AOSK Preschool & Afterschool 1125 Tucker St, Greensboro, NC 27405
  • TURNER TOTS LEARNING ACADEMY 808 Park Ave, Greensboro, NC 27405

Frequently Asked Questions

What type of property is this?
Day care center - Zoned institutional, leased as daycare until April 2028.
Where is this day care center located?
The property is located at 1203 Walnut Street Greensboro, NC.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Zoned institutional, offering diverse usage possibilities.; Currently leased, providing immediate rental income.; Existing lease in place until April 2028, ensuring a stable income stream.
More about this property
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