Standalone Office Building with
For Sale
Contact for pricing
239 N Edgeworth St, Greensboro, NC 27401
Standalone office building on a 0.24-acre parcel with 12 on-site parking spaces and office zoning under Greensboro’s GBO.
Property Size4,576 SF
Lot Size0.24 Acres
Price / SF$206.51
Days on Market451
Property Features for 239 N Edgeworth St
General Information
Standard status
Active
Size
4,576 SF
Class
C
Total Parking Spaces
12
Lot size
0.24 Acres
Property subtype
Office
Zoning
Office
Building Details
Year Built
1973
Buildings
1
Stories
2
Listing Agency:
Simpson Commercial Real Estate
Listed By:
Charles Wright · License #306888
(336) 209-1622
Source:
Crexi
Added: Jul 28, 2025
Changed: Oct 15
Last Checked: Oct 20 at 6:14PM
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 Simpson Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
239 N Edgeworth Street is a standalone office building built in 1973, offering approximately 4,576 square feet of flexible interior space. The property sits on a 0.24-acre parcel and includes 12 on-site parking spaces. It is zoned for office use under the City of Greensboro’s GBO designation, supporting a range of professional, medical, or creative office users.
Located in the heart of downtown Greensboro, the building is within walking distance of the Guilford County Courthouse and LeBauer Park, with restaurants and coffee shops nearby for staff and client convenience.
This is an owner-occupant focused offering with a straightforward, adaptable office layout supported by on-site parking in a central downtown setting.
Located in the heart of downtown Greensboro, the building is within walking distance of the Guilford County Courthouse and LeBauer Park, with restaurants and coffee shops nearby for staff and client convenience.
This is an owner-occupant focused offering with a straightforward, adaptable office layout supported by on-site parking in a central downtown setting.
Key Highlights
- Standalone office building built in 1973, offering approximately 4,576 SF of office space.
- 0.24‑acre parcel with 12 on‑site parking spaces for staff and clients.
- Zoned for office use under City of Greensboro GBO designation.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,587
Cap Rate
6.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,251,740
$1.3M
Cap Rate 7%
$894,100
$894.1K
Cap Rate 9%
$695,411
$695.4K
Market Conditions
NOI Build-Up for 4,576 SF
Gross rent
$91.7K $20.04/SF
− Vacancy
−$8.3K −$1.80/SF
EGI
$83.4K $18.24/SF
− OpEx
−$20.9K −$4.56/SF
NOI
$62.6K $13.68/SF
Area
Greensboro, NC
Vacancy
9.00%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,251,740
Cap Rate 7%
$894,100
Cap Rate 9%
$695,411
Alternative Uses
Best Use
Office B
$894.1K
$782.3K – $1.04M
NOI $62,587 @ 7.0% cap · market cap 6.62%
Second Best
Healthcare Medical
$719.6K
$629.6K – $839.5K
NOI $50,370 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,539 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,970
Businesses Nearby
Explore this area
Business Placement
Demographics for 27401, NC
21,854
Population
9,650
Households
2.3
Avg Household Size
29
Median Age
32%
College-Educated
85%
High-School Grad
5.8 sq mi
ZIP Area
3,768
Density / Sq Mi
$44,524
Median Household Income
$22,542
Median Earnings
$883
Median Rent
$138,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Standalone office building on a 0.24-acre parcel with 12 on-site parking spaces and office zoning under Greensboro’s GBO.
Where is this office building located?
The property is located at 239 N Edgeworth St Greensboro, NC.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Standalone office building built in 1973, offering approximately 4,576 SF of office space.; 0.24‑acre parcel with 12 on‑site parking spaces for staff and clients.; Zoned for office use under City of Greensboro GBO designation.
