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Automotive Repair Facility For Sale

2901-2903 Randleman Rd Greensboro, NC

2901-2903 Randleman Rd, Greensboro, NC, 00000
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Automotive repair facility with additional lot in high-traffic location.

Property Size4,838 SF
Lot Size0.97 Acres
Price / SF$279.04
AddedAug 11, 2025
Days on Market340
Last RefreshJul 15 at 2:09 pm

Property Features for 2901-2903 Randleman Rd

General Information

Standard status
Active
Size
4,838 SF
Lot size
0.97 Acres
Property subtype
RETAIL

Listing office Keller Williams ONE

Listing date Aug 11, 2025

Source Moodyscre

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 Keller Williams ONE


Investment Insights

Based on property information with market context.

This property offers an automotive repair facility situated in a high-traffic location, accompanied by a sizable additional lot. The main service station at the front of the property includes two bays equipped with two 2-post lifts and a 13-foot ceiling height. An office space of approximately 780 square feet is located in the back section of the main building. The rear building provides 2728 square feet of space and features three 10x14 doors, 16-foot ceilings, two 2-post lifts, one drive-on lift, and a separate office/parts department space. The property size is 4838 square feet.

Key Highlights

  • High traffic location ideal for automotive repair business
  • Two buildings: Main service station with two bays and rear building with three 10x14 doors
  • Multiple lifts included: Two 2‑post lifts in front, two 2‑post lifts and one drive‑on lift in rear building

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $87.1k $18.00
− Vacancy −$9.0k −$1.85
EGI $78.1k $16.15
− OpEx −$23.4k −$4.84
NOI $54.7k $11.30
4,838 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$781.1K
$683.5K – $911.3K (±1% cap)
NOI $54,680 @ 7.0% cap · market cap 4.05%
Second Best
Industrial
$327.1K
$286.2K – $381.6K (±1% cap)
NOI $22,896 @ 7.0% cap · market cap 1.70%
Theoretical Best
Office A
$1.53M
$1.34M – $1.79M (±1% cap)
NOI $107,353 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Real Estate Agency Law Firm Dental Office Restaurant Pharmacy Building Supply Gym & Fitness Center Garden Center Skin Care Clinic Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Discount Muffler & Auto — 311 Shoffner Ct, Greensboro, NC 27406
  • A To Z Auto Repair — 311-407 Shoffner Ct, Greensboro, NC 27406
  • Walmart Auto Care Centers — 121 W Elmsley Dr, Greensboro, NC 27406
  • Volvo Eurotech Repair — 3260 Randleman Rd, Greensboro, NC 27406
  • Shep’s Towing & Recovery Service — 211 Webster Rd, Greensboro, NC 27406

FAQs

What type of property is this?
Auto shop - Automotive repair facility with additional lot in high-traffic location.
Where is this auto shop located?
The property is located at 2901-2903 Randleman Rd Greensboro, NC.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: High traffic location ideal for automotive repair business; Two buildings: Main service station with two bays and rear building with three 10x14 doors; Multiple lifts included: Two 2‑post lifts in front, two 2‑post lifts and one drive‑on lift in rear building
Contact an agent
(336) 676-2479 Call to check price and availability
More about this property
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