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Vacant Lot in Westerwood
For Sale
$185,000

1505 Mimosa Dr, Greensboro, NC 27403

Rare opportunity to build in sought-after Greensboro neighborhood.

Property SizeContact for details
Days on Market202

Property Features for 1505 Mimosa Dr

General Information

Standard status Active
Property subtype Vacant Land
Listing Agency: Berkshire Hathaway HomeServices Yost & Little Realty
Listed By: Tom Pickard
Source: Eliterealtygrouptriad
Added: Mar 5 Changed: Sep 8 Last Checked: Sep 22 at 11:01PM

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 Berkshire Hathaway HomeServices Yost & Little Realty

Investment Insights

Based on property information with market context.

This vacant lot presents a rare opportunity for residential construction in the Westerwood neighborhood of Greensboro. The property is situated in a sought-after area and offers a slightly elevated position overlooking Lake Daniel Park. Its location provides convenient access to the Greenway, as well as being within minutes of Downtown and Friendly Center.

Key Highlights

  • Vacant lot in the highly desirable Westerwood neighborhood.
  • Opportunity to build a custom home.
  • Overlooks Lake Daniel Park.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store Computer & Electronic Repair Plumbing Service

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

808
Businesses Nearby

Demographics for 27403, NC

23,679
Population
8,671
Households
2.7
Avg Household Size
28
Median Age
48%
College-Educated
88%
High-School Grad
5.8 sq mi
ZIP Area
4,083
Density / Sq Mi
$56,722
Median Household Income
$24,843
Median Earnings
$998
Median Rent
$218,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Rare opportunity to build in sought-after Greensboro neighborhood.
Where is this residential land & home lot located?
The property is located at 1505 Mimosa Dr Greensboro, NC.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Vacant lot in the highly desirable Westerwood neighborhood.; Opportunity to build a custom home.; Overlooks Lake Daniel Park.
More about this property
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