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    930 Chapman St Greensboro, NC 27403

    Sponsored
    For Sale
    $750,000

    High-yield auto shop, prime location

    Property size:
    4,080 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents two buildings totaling 4,080 square feet situated on two parcels in Greensboro, North Carolina. The property, located at 930-934 S Chapman St, features a desirable location between Gate City Blvd and Spring Garden Rd, offering convenient access to UNC Greensboro, the Greensboro Coliseum, and White Oak Amphitheater. The buildings, constructed in 1941 and renovated in 1981, boast a combined net operating income (NOI) of $60,000, resulting in an attractive 8.00% capitalization rate. One building offers 1,800 square feet with a drive-in door, while the other provides 2,280 square feet of retail/flex space, including two drive-in doors. The property is zoned CM and comprises two single-story structures. The asking price for this turnkey investment is $750,000. This presents a rare chance to acquire a well-established, income-producing auto shop in a high-traffic area with significant growth potential. The property's strong cash flow and strategic location make it an ideal addition to any investment portfolio. This is a Class C property.

    Property Features for 930 Chapman St

    General Information

    Property type
    Automotive properties
    Square Feet
    4,080 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1941/1981
    Buildings
    2
    Stories
    1
    Units
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    Radio Service Inc Radio Broadcaster Virtuous Glam Hair ... Beauty Salon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.82378462
    Latitude
    36.06282501

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    FAQs

    What type of property is this?
    Automotive property - High-yield auto shop, prime location
    Where is this automotive property located?
    The property is located at 930 Chapman St Greensboro, NC.
    What is the asking price?
    The asking price for this property is $750,000.
    (919) 888-1285
    Request Owner's contact information
    930 Chapman St Greensboro, NC 27403
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    Greensboro, NC 27403
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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
    930 Chapman St Greensboro, NC 27403
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