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Drive-Through Bank Branch
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5605 Hilltop Rd, Greensboro, NC 27282

Former bank branch with drive-thru service, zoned C-L (Commercial Low), and 16 parking spaces.

Property Size4,104 SF
Lot Size1.18 Acres
Price / SF$353.31
Days on Market123

Property Features for 5605 Hilltop Rd

General Information

Standard status Active
Size 4,104 SF
Total Parking Spaces 16
Lot size 1.18 Acres
Property subtype OFFICE
Zoning C-L
Listing Agency: NAI Piedmont Triad
Listed By: Robbie Perkins, SIOR, CCIM
Source: Moodyscre
Added: Mar 30 Changed: Jul 29 Last Checked: Jul 30 at 2:42PM

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

Investment Insights

Based on property information with market context.

Former bank branch featuring approximately 4,104 SF plus drive-thru service. The site includes 16 parking spaces and totals about 1.18 acres.

Zoned C-L (Commercial Low), the property benefits from frontage with approximately 26,500 VPD. The location at 5605 Hilltop Rd in Greensboro, NC 27282 supports convenient access for both vehicles and drive-thru traffic.

This is a purpose-built banking facility with a layout that may also appeal to operators seeking drive-thru infrastructure and ample on-site parking within a commercial zoning category.

Key Highlights

  • Approximately 4,104 SF former bank branch plus drive‑thru
  • Drive‑thru service included
  • Zoned C‑L (Commercial Low)

Financial Insights For Office B

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 $82.2k $20.04
− Vacancy −$7.4k −$1.80
EGI $74.8k $18.24
− OpEx −$18.7k −$4.56
NOI $56.1k $13.68
4,104 SF · lease $20.04/SF/yr · vacancy 9.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$801.9K
$701.7K – $935.5K (±1% cap)
NOI $56,132 @ 7.0% cap · market cap 3.87%
Second Best
Specialty Retail
$710.0K
$621.2K – $828.3K (±1% cap)
NOI $49,697 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,065 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Spa & Massage Center Hair Salon Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby

Demographics for 27282, NC

15,966
Population
6,560
Households
2.4
Avg Household Size
43
Median Age
52%
College-Educated
97%
High-School Grad
14.7 sq mi
ZIP Area
1,086
Density / Sq Mi
$86,270
Median Household Income
$53,031
Median Earnings
$1,374
Median Rent
$267,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Bank - Former bank branch with drive-thru service, zoned C-L (Commercial Low), and 16 parking spaces.
Where is this bank located?
The property is located at 5605 Hilltop Rd Greensboro, NC.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Approximately 4,104 SF former bank branch plus drive‑thru; Drive‑thru service included; Zoned C‑L (Commercial Low)
(336) 337-0059 Call to check price and availability
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