Drive-Through Bank
For Sale
Contact for pricing
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 Market215
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
(336) 373-0995
Listed By:
Robbie Perkins, SIOR, CCIM
(336) 337-0059
Source:
Moodyscre
Added: Mar 30
Changed: Oct 26
Last Checked: Oct 28 at 9:03AM
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.
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.
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
Estimated NOI and Cap Rate
NOI / Yr
$49,697
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$993,940
$993.9K
Cap Rate 7%
$709,957
$710.0K
Cap Rate 9%
$552,189
$552.2K
Market Conditions
NOI Build-Up for 4,104 SF
Gross rent
$73.9K $18.00/SF
− Vacancy
−$7.6K −$1.85/SF
EGI
$66.3K $16.15/SF
− OpEx
−$16.6K −$4.04/SF
NOI
$49.7K $12.11/SF
Area
Greensboro, NC
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$993,940
Cap Rate 7%
$709,957
Cap Rate 9%
$552,189
Alternative Uses
Best Use
Specialty Retail
$710.0K
$621.2K – $828.3K
NOI $49,697 @ 7.0% cap · market cap 3.43%
Second Best
Retail
$662.6K
$579.8K – $773.1K
NOI $46,384 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,065 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
161
Businesses Nearby
45k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 60%
Dining 40%
Lowes Foods
Groceries
26,812 visits/mo
0.4 miles
McDonald's
Dining
17,697 visits/mo
0.3 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Greensboro, NC
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)
