Two-Building Retail
For Sale
Contact for pricing
Pending
930-934 S Chapman St, Greensboro, NC 27403
A courtyard parking layout links customer-facing areas across the property.
Property Size4,096 SF
Days on Market77
Property Features for 930-934 S Chapman St
General Information
Standard status
Pending
Size
4,096 SF
Property subtype
RETAIL
Listing Agency:
Lindsay Commercial Properties
(336) 886-1200
Listed By:
Mark Lindsay, CCIM
(336) 692-5612
Source:
Moodyscre
Added: Aug 1
Changed: Oct 10
Last Checked: Oct 14 at 11:23PM
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 Lindsay Commercial Properties
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.
This retail property consists of two connected buildings totaling approximately 4,096 square feet. The first building contains approximately 1,800 square feet, while the second provides approximately 2,296 square feet. A parking-lot courtyard connects the structures, and the improvements include three bay doors along with a substantial waiting and retail area.
GB zoning supports a range of business uses. The combined layout provides separated building areas with shared courtyard access, making the property suitable for commercial operators seeking both customer-facing space and functional service access.
GB zoning supports a range of business uses. The combined layout provides separated building areas with shared courtyard access, making the property suitable for commercial operators seeking both customer-facing space and functional service access.
Key Highlights
- Two buildings totaling approximately 4,096 square feet
- First building measures approximately 1,800 square feet
- Second building measures approximately 2,296 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,294
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$925,880
$925.9K
Cap Rate 7%
$661,343
$661.3K
Cap Rate 9%
$514,378
$514.4K
Market Conditions
NOI Build-Up for 4,096 SF
Gross rent
$73.7K $18.00/SF
− Vacancy
−$7.6K −$1.85/SF
EGI
$66.1K $16.15/SF
− OpEx
−$19.8K −$4.84/SF
NOI
$46.3K $11.30/SF
Area
Greensboro, NC
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$925,880
Cap Rate 7%
$661,343
Cap Rate 9%
$514,378
Alternative Uses
Best Use
Retail
$661.3K
$578.7K – $771.6K
NOI $46,294 @ 7.0% cap · market cap 7.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.30M
$1.14M – $1.51M
NOI $90,888 @ 7.0% cap · market cap 15.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
96k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Dining 43%
Sheetz
Shops & Services
34,873 visits/mo
0.3 miles
Wendy's
Dining
16,424 visits/mo
0.4 miles
Circle K
Shops & Services
12,846 visits/mo
0.4 miles
SONIC Drive In
Dining
11,734 visits/mo
0.2 miles
Burger King
Dining
7,871 visits/mo
0.4 miles
Demographics for 27403, NC
23,679
Population
8,671
Households
2.7
Avg Household Size
28
Median Age
48%
College-Educated
88%
High-School Grad
5.8 sq mi
ZIP Area
4,083
Density / Sq Mi
$56,722
Median Household Income
$24,843
Median Earnings
$998
Median Rent
$218,600
Median Home Value
Market
Vacancy Rate% for Retail in Greensboro, NC
Frequently Asked Questions
What type of property is this?
Retail space - A courtyard parking layout links customer-facing areas across the property.
Where is this retail space located?
The property is located at 930-934 S Chapman St Greensboro, NC.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Two buildings totaling approximately 4,096 square feet; First building measures approximately 1,800 square feet; Second building measures approximately 2,296 square feet
