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Property profile & analytics

6324 Market St Greensboro, NC 27409-1840

  • Retail space
  • 3,078 SF
  • 0.54 lot acres
OFF-MARKET
Last Sale
May 10, 2024
$1,045,000
Value Estimations
$1,030,000
Show details
Cap Rate Potential
3.3%
Retail space
Location Intelligence
Property ID
US53-1350288
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Western Union / Money Transfer Service
  • Amazon Hub Locker - Tomatoes / Mailing Service / E-Commerce Service
  • Arthur's Place / Restaurant
  • Krispy Krunchy Chicken / Chicken Restaurant
  • Alex Food Mart / Gas Station

Property Details for 6324 Market St

Year built
1986
Construction
FRAME
Lot size
0.54 lot acres
Property size
3,078 SF
Zone code
C-M
Property type
Retail space
APN
74712
APU
74712

Description

This thriving Citgo Express Mart, located at 6324 W Market St in Greensboro, NC, presents a compelling investment opportunity. The 3,078 square foot property, built in 1986 and extensively renovated in 2024, boasts five gas pumps and sits on a highly visible lot in a prime location near the airport. The business consistently generates strong sales figures, including approximately $71,000 in monthly inside sales, a substantial gas volume ranging from 25,000 to 35,000 gallons per month, and impressive lottery sales averaging $68,000 per month (with historical highs reaching $80,000). Additional revenue streams include non-ethanol fuel sales (500 gallons/month), diesel sales (1,000 gallons/month with a 70-cent margin), a Bitcoin ATM ($300/month), and a standard ATM ($800/month). The gas contract is structured as rack plus 2 cents, with gas margins between 35 and 40 cents per gallon. The property is zoned C and features a high-margin deli, contributing significantly to the overall profitability. The asking price is $1,700,000, plus inventory estimated at $125,000. This turnkey operation offers a rare opportunity to acquire a well-established and profitable business with significant growth potential. The recent renovations ensure a modern and efficient operation, ready for immediate success.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,045,000
    ML approach
    $1,045,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $631,000
    Market price range: $343k - $1.22M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Greensboro
County
Guilford
State
North Carolina
Longitude
-79.9125
Latitude
36.0759
CBSA code
24660
CBSA name
GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,880
$180,800
$249,000
$429,800
-
$180,800
$249,000
$429,800
More about this property
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