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    4640 Market St Greensboro, NC 27407

    Sponsored
    For Sale
    $750,000

    Prime 2.4-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 2.4-acre commercial land parcel presents a unique investment opportunity in Greensboro, North Carolina. Strategically located at the intersection of West Market Street and Muirs Chapel Road, this property boasts high visibility and accessibility. The asking price is $750,000. The site is classified as an outparcel, benefiting from the established presence of strong co-tenants including Joann Fabrics, Planet Fitness, Take Five Oil Change, and 7-Eleven. This high-traffic location ensures significant exposure to a large customer base, making it an attractive proposition for a variety of commercial ventures. The property's size offers ample space for development, allowing for flexibility in design and functionality. Its location within Guilford County, specifically in the 27407 zip code, provides easy access to major transportation routes and a thriving community. This is a rare opportunity to acquire a well-positioned commercial land parcel in a rapidly growing area of Greensboro. Serious inquiries are encouraged. The property is ready for immediate development, offering a significant return on investment for the discerning buyer. The coordinates are 36.0714461 latitude and -79.8666086 longitude.

    Property Features for 4640 Market St

    General Information

    Property type
    Land
    Lot Size
    104,544 SF

    HighLights

    • 2.4‑acre outparcel available for sale.
    • Strong co‑tenancy includes Joann Fabrics, Planet Fitness, Take Five Oil Change, and 7‑Eleven.
    • $750,000 purchase price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Urban Air Trampoline ... Amusement Park Coinstar Money Transfer Service Cardtronics Atm Planet Fitness Gym

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.8666086
    Latitude
    36.0714461

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    FAQs

    What type of property is this?
    Land - Prime 2.4-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at 4640 Market St Greensboro, NC.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 2.4-acre outparcel available for sale.; Strong co-tenancy includes Joann Fabrics, Planet Fitness, Take Five Oil Change, and 7-Eleven.; $750,000 purchase price.
    Request Owner's contact information
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    Greensboro, NC 27407
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4640 Market St Greensboro, NC 27407
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