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    1212 Battleground Ave Greensboro, NC 27408

    Sponsored
    For Sale
    $1,500,000

    Prime Greensboro location, vacant, redevelopment ready.

    Property size:
    4,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,800 square foot retail building, situated at 1212 Battleground Avenue in Greensboro, North Carolina, presents a compelling investment opportunity. Currently vacant, this property offers significant potential for redevelopment or immediate occupancy. The building boasts a desirable Midtown location, providing convenient access from both Battleground Avenue and Grecade. Its strategic placement ensures excellent visibility and signage opportunities, maximizing exposure to a high volume of traffic. The building's layout includes 800 square feet of office space and 4,000 square feet of automotive shop space, offering flexibility for a variety of uses. The asking price is $1,500,000, translating to a price per square foot of $312.50. The property is offered as a Triple Net (NNN) lease, with a single tenancy. The property is located in Guilford County, North Carolina, zip code 27408, and is just minutes from Downtown Greensboro. This is an ideal location for businesses seeking high visibility and convenient access to a thriving community. The property is currently vacant, allowing for immediate customization and occupancy to suit the needs of a new tenant or owner-occupier. This presents a unique chance to acquire a well-positioned retail space in a high-demand area.

    Property Features for 1212 Battleground Ave

    General Information

    Property type
    Automotive properties
    Square Feet
    4,800 SF

    HighLights

    • $1,500,000 asking price for a vacant 4,800 SF retail building.
    • Located at 1212 Battleground Ave, Greensboro, NC 27408.
    • Property type: Retail (Auto Shop); NNN lease; Single tenancy.
    • 4,000 SF of shop space and 800 SF of office space.
    • $312.50/SF; Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grooming by Heather Pet Groomer Dirty Dogs Self ... Pet Groomer

    Suggested Use

    Realty agency Restaurant Law Firm 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
    -79.805097759161
    Latitude
    36.084590672439

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    FAQs

    What type of property is this?
    Automotive property - Prime Greensboro location, vacant, redevelopment ready.
    Where is this automotive property located?
    The property is located at 1212 Battleground Ave Greensboro, NC.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price for a vacant 4,800 SF retail building.; Located at 1212 Battleground Ave, Greensboro, NC 27408.; Property type: Retail (Auto Shop); NNN lease; Single tenancy.
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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
    1212 Battleground Ave Greensboro, NC 27408
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