Retail and Office
For Sale
Contact for pricing
2501 E Bessemer Ave, Greensboro, NC 27405
Full-building configuration accommodates retail or office use along E Bessemer Avenue.
Property Size2,100 SF
Price / SF$190
Days on Market54
Property Features for 2501 E Bessemer Ave
General Information
Standard status
Active
Size
2,100 SF
Property subtype
Retail, Office
Building Details
Buildings
1
Building Size
2,100 SF
Listing Agency:
NAI Piedmont Triad
Listed By:
Phil Tockman · License #NC
Source:
Crexi
Added: Sep 1
Changed: Oct 13
Last Checked: Oct 23 at 7:11AM
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 NAI Piedmont Triad
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Investment Insights
Based on property information with market context.
This approximately 2,100-square-foot property combines retail and office space within a full-building configuration. The storefront format supports a flexible commercial layout for a business seeking both customer-facing and administrative space.
The property is located at 2501 E Bessemer Avenue in Greensboro, North Carolina, along E Bessemer Avenue. The address places the building within an established commercial corridor and provides a defined location for retail or office operations.
The property is located at 2501 E Bessemer Avenue in Greensboro, North Carolina, along E Bessemer Avenue. The address places the building within an established commercial corridor and provides a defined location for retail or office operations.
Key Highlights
- Approximately 2,100 SF of retail and office space
- Full‑building commercial configuration
- Located at 2501 E Bessemer Ave in Greensboro, NC 27405
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,722
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$574,440
$574.4K
Cap Rate 7%
$410,314
$410.3K
Cap Rate 9%
$319,133
$319.1K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$42.1K $20.04/SF
− Vacancy
−$3.8K −$1.80/SF
EGI
$38.3K $18.24/SF
− OpEx
−$9.6K −$4.56/SF
NOI
$28.7K $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%
$574,440
Cap Rate 7%
$410,314
Cap Rate 9%
$319,133
Alternative Uses
Best Use
Office B
$410.3K
$359.0K – $478.7K
NOI $28,722 @ 7.0% cap · market cap 7.20%
Second Best
Retail
$339.1K
$296.7K – $395.6K
NOI $23,735 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$665.7K
$582.5K – $776.6K
NOI $46,598 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
625
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Storefront property - Full-building configuration accommodates retail or office use along E Bessemer Avenue.
Where is this storefront property located?
The property is located at 2501 E Bessemer Ave Greensboro, NC.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Approximately 2,100 SF of retail and office space; Full‑building commercial configuration; Located at 2501 E Bessemer Ave in Greensboro, NC 27405
