Two-Suite Office
For Sale
Contact for pricing
3810 N Elm Street Suites 205 & 206, Greensboro, NC 27455
Office ownership includes Suites 205 and 206 at a Greensboro address.
Property Size3,562 SF
Price / SF$168.16
Days on Market173
Property Features for 3810 N Elm Street Suites 205 & 206
General Information
Standard status
Active
Size
3,562 SF
Class
B
Property subtype
Office
Lease Type
NNN
Investment Type
Owner/User
Building Details
Units
2
Tenancy
Single
Listing Agency:
NAI Piedmont Triad
Listed By:
Jason Smith · License #352904
Source:
Crexi
Added: May 2
Changed: Oct 19
Last Checked: Oct 20 at 6:23PM
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
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.
This office property comprises Suites 205 and 206 within an office setting. The offering is identified at 3810 N Elm Street in Greensboro, North Carolina, with a total property size of 3,562 as provided.
Key Highlights
- Suites 205 and 206 included
- Located at 3810 N Elm Street, Greensboro, NC 27455
- Property size: 3562
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,719
Cap Rate
8.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$974,380
$974.4K
Cap Rate 7%
$695,986
$696.0K
Cap Rate 9%
$541,322
$541.3K
Market Conditions
NOI Build-Up for 3,562 SF
Gross rent
$71.4K $20.04/SF
− Vacancy
−$6.4K −$1.80/SF
EGI
$65.0K $18.24/SF
− OpEx
−$16.2K −$4.56/SF
NOI
$48.7K $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%
$974,380
Cap Rate 7%
$695,986
Cap Rate 9%
$541,322
Alternative Uses
Best Use
Office B
$696.0K
$609.0K – $812.0K
NOI $48,719 @ 7.0% cap · market cap 8.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$988.0K – $1.32M
NOI $79,039 @ 7.0% cap · market cap 13.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
360
Businesses Nearby
Explore this area
Business Placement
Demographics for 27455, NC
30,913
Population
12,822
Households
2.4
Avg Household Size
43
Median Age
54%
College-Educated
98%
High-School Grad
28.7 sq mi
ZIP Area
1,077
Density / Sq Mi
$93,841
Median Household Income
$49,048
Median Earnings
$1,231
Median Rent
$324,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Office ownership includes Suites 205 and 206 at a Greensboro address.
Where is this office unit located?
The property is located at 3810 N Elm Street Suites 205 & 206 Greensboro, NC.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Suites 205 and 206 included; Located at 3810 N Elm Street, Greensboro, NC 27455; Property size: 3562
