Financial
Distress signals
Property profile

517 Greensboro St Unit 1ST 1st Carrboro, NC 27510

FOR LEASE
Office buildings
Property ID
US53-1773827
27,900 SF 1.61 ac lot Built 2003
Last sale Jan 2018 · $6,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 27,900 square foot medical office building, located at 517 S Greensboro Street in Carrboro, North Carolina, presents a unique investment opportunity. Built in 2002, this Class B building sits on a 1.613-acre lot and boasts 88 surface parking spaces (a 3.6/1,000 SF ratio). The property is currently vacant and ready for immediate occupancy, offering flexibility for a variety of medical or general office uses. The interior features a mix of private offices and open bullpen…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$91k
Tax billed · 2023
Assessed value$5.48M
Assessed land$2.58M
Assessed improvement$2.90M
Effective rate1.67%

Value estimate

· Sep 2026
$7.16M
$6.44M – $7.88M
CAP approach$7.07M
Submarket $/SF estimate$9.36M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$407/SF
County average, outlier-cleaned · 116 recorded sales of this use type
Observed band · Q1–Q3$260 – $637

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M1/R75
JurisdictionORANGE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency35.2
Wholesale Shop29.7
Building Supply27.8

Location

517 Greensboro St Unit 1ST, Unit 1st Carrboro, NC 27510
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
203 Greensboro, Carrboro, NC 27510-1803 $1,150,000 Apr 2024 2,223 SF
309 Weaver, Carrboro, NC 27510-6005 $832,000 May 2022 1,768 SF
Carrboro, NC 27510 $600,000 Mar 2020 2,640 SF
505 Main, Carrboro, NC 27510-1629 $500,000 Aug 2019 1,400 SF
103 Lloyd, Carrboro, NC 27510-1819 $835,000 May 2019 3,864 SF
201 Greensboro, Carrboro, NC 27510-1803 $957,000 Jan 2019 2,590 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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