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Vacant Land for Commercial Development
For Sale
$175,000

516 College Road, Greensboro, NC 27410

Vacant parcel with residential zoning and strong traffic counts, suited for commercial development subject to approvals.

Days on Market91

Property Features for 516 College Road

General Information

Standard status Active
Property subtype Land / Unimproved Land
Zoning residential

Additional Details

Traffic Count 15,000 vehicles/day
Listing Agency: Hepler Realty
Listed By: Stratton Goins · License #289348
Source: Compass
Added: May 4 Changed: Jul 10 Last Checked: Aug 1 at 1:33PM

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 Hepler Realty

Investment Insights

Based on property information with market context.

This offering is a vacant land parcel suitable for a range of development concepts, pending required approvals. The property is currently zoned residential, and the site is being marketed based on its potential for commercial development. As a land listing, it provides a blank canvas for buyers evaluating what can be built and how the parcel may be configured for their intended use.

The parcel is located on College Road in Greensboro, North Carolina. Public remarks indicate approximately 15,000 AADT, which can be an important factor for businesses seeking visibility from passing traffic. Buyers should confirm all site, access, and development requirements during their due diligence.

For developers, investors, or owner-users considering a commercial conversion, the key consideration here is zoning and entitlements. Because the land is presently residential, a prospective buyer should plan for the permitting process required to pursue commercial development. The property’s traffic exposure may support certain retail, service, or other commercial uses if rezoning and site plan approval are obtained, subject to applicable regulations and feasibility.

Key Highlights

  • Vacant land parcel in Greensboro
  • Currently zoned residential with potential for commercial development, subject to approvals
  • Traffic count reported: 15,000 AADT

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Grocery & Convenience Store Furniture & Home Goods Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

899
Businesses Nearby

Demographics for 27410, NC

54,968
Population
26,279
Households
2.1
Avg Household Size
42
Median Age
57%
College-Educated
96%
High-School Grad
31.9 sq mi
ZIP Area
1,723
Density / Sq Mi
$84,225
Median Household Income
$47,784
Median Earnings
$1,307
Median Rent
$308,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant parcel with residential zoning and strong traffic counts, suited for commercial development subject to approvals.
Where is this commercial land located?
The property is located at 516 College Road Greensboro, NC.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Vacant land parcel in Greensboro; Currently zoned residential with potential for commercial development, subject to approvals; Traffic count reported: 15,000 AADT
More about this property
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