Automotive Retail
For Sale
$450,000
Pending
420 Greensboro St, Liberty, NC 27298
Located on Greensboro St with exposure along a main road.
Property Size7,636 SF
Days on Market256
Property Features for 420 Greensboro St
General Information
Standard status
Pending
Size
7,636 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Building Details
Year Built
1970
Listing Agency:
Keller Williams Realty
(336) 804-8200
Listed By:
Shannon W. Bruins
Source:
Searchhomesinthetriad
Added: Dec 17, 2025
Changed: Aug 30
Last Checked: Aug 30 at 11:29AM
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 Realty
Investment Insights
Based on property information with market context.
This automotive shop offers 7,636 square feet of commercial space for an automotive retail-oriented operation. The property was built in 1970 and is positioned along Greensboro St in Liberty, North Carolina.
The site fronts a main road described as carrying heavy traffic flow, providing direct exposure for an automotive business. The property is offered for sale.
The site fronts a main road described as carrying heavy traffic flow, providing direct exposure for an automotive business. The property is offered for sale.
Key Highlights
- 7,636 square feet of automotive commercial space
- Automotive retail‑oriented property
- Located at 420 Greensboro St, Liberty, NC 27298
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,416
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$608,320
$608.3K
Cap Rate 7%
$434,514
$434.5K
Cap Rate 9%
$337,956
$338.0K
Market Conditions
NOI Build-Up for 7,636 SF
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.
Gross rent
$46.3K $6.06/SF
− Vacancy
−$2.8K −$0.37/SF
EGI
$43.5K $5.69/SF
− OpEx
−$13.0K −$1.71/SF
NOI
$30.4K $3.98/SF
Area
Randolph County, NC
Vacancy
6.10%
Lease Rate
$6.06 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$608,320
Cap Rate 7%
$434,514
Cap Rate 9%
$337,956
Alternative Uses
Best Use
Retail
$1.41M
$1.23M – $1.65M
NOI $98,710 @ 7.0% cap · market cap 21.94%
Second Best
Industrial
$434.5K
$380.2K – $506.9K
NOI $30,416 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$2.63M
$2.30M – $3.06M
NOI $183,871 @ 7.0% cap · market cap 40.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 27298, NC
10,583
Population
4,340
Households
2.4
Avg Household Size
43
Median Age
15%
College-Educated
81%
High-School Grad
94.8 sq mi
ZIP Area
112
Density / Sq Mi
$61,488
Median Household Income
$38,003
Median Earnings
$887
Median Rent
$183,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Cruisin' Oldies Tires & Automotive — 155 S Greensboro St, Liberty, NC 27298
- Liberty Auto Machine Shop — 121 S Fayetteville St, Liberty, NC 27298
- Freedom Auto Repair — 4347 Starmount Rd, Liberty, NC 27298
- Liberty Tire & Auto Tire Pros — 232 N Greensboro St, Liberty, NC 27298
- DWXsports — 428 E Starmount Ave, Liberty, NC 27298
Frequently Asked Questions
What type of property is this?
Auto shop - Located on Greensboro St with exposure along a main road.
Where is this auto shop located?
The property is located at 420 Greensboro St Liberty, NC.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 7,636 square feet of automotive commercial space; Automotive retail‑oriented property; Located at 420 Greensboro St, Liberty, NC 27298
