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Greensboro Acreage with Development Potential
For Sale
$450,000

236 246 Willowlake Road, Greensboro, NC 27505

12.57 acre tract suitable for multiple development types.

Property SizeContact for details
Lot Size12.57 Acres
Days on Market1108

Property Features for 236 246 Willowlake Road

General Information

Standard status Active
Lot size 12.57 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $2,045
Listing Agency: EXP REALTY
Listed By: MATTHEW MILLAWAY
Source: Corcoran
Added: Jul 28, 2023 Changed: Aug 8 Last Checked: Jul 15 at 10:31PM

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 EXP REALTY

Investment Insights

Based on property information with market context.

This 12.57 +/- acre tract is located in Greensboro, offering convenient access to the 840 Loop. Its location facilitates travel to Greensboro, Burlington, Winston-Salem, and Danville. The property presents opportunities for multi-family apartments, townhome or single-family residential development, as well as commercial and industrial development. Currently zoned for agricultural use, the property is situated just outside the city limits.

Key Highlights

  • 12.57 +/- acre tract offers substantial development potential.
  • Convenient location with easy access to 840 Loop.
  • Zoned agriculture, providing flexibility for initial use.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Big Box & Wholesale Store Auto Parts Store Plumbing Service 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

26
Businesses Nearby

Demographics for 27505, NC

7,005
Population
3,158
Households
2.2
Avg Household Size
36
Median Age
20%
College-Educated
87%
High-School Grad
53.8 sq mi
ZIP Area
130
Density / Sq Mi
$77,629
Median Household Income
$40,399
Median Earnings
$975
Median Rent
$190,900
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 12.57 acre tract suitable for multiple development types.
Where is this land located?
The property is located at 236 246 Willowlake Road Greensboro, NC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 12.57 +/- acre tract offers substantial development potential.; Convenient location with easy access to 840 Loop.; Zoned agriculture, providing flexibility for initial use.
More about this property
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