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    1050 Grecade St Greensboro, NC 27408

    Sponsored
    For Lease
    $16 SF/Yr ($9,460 /Mo)

    7,095 SF Medical Office, Build-to-Suit

    Lot size:
    7,095 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,095-square-foot medical office building at 1050 Grecade Street in Greensboro, North Carolina, presents a unique opportunity. Located in the burgeoning Midtown area, less than a mile from Downtown Greensboro, this property boasts a prime location near numerous restaurants and breweries. The building, classified as Class D, features a single story with a 10-foot ceiling height and ample parking (25 spaces). Previously divided into four units, all interior walls have been removed, offering complete flexibility for build-to-suit options. The space is currently vacant and available in its entirety (7,095 square feet) or divisible to a minimum of 1,350 square feet. With LI zoning, the property is well-suited for various uses, including retail or office space. The property's address is 1050 Grecade Street, Greensboro, NC 27408, and is conveniently located near Battleground Avenue. This adaptable space provides an excellent chance to create a customized workspace tailored to specific business needs in a vibrant and growing area. The entire 7,095 square feet is currently available.

    Property Features for 1050 Grecade St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,095 SF
    Class
    D
    Total Rate
    9460

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    7,066 SF
    Rate per SF
    $18
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    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
    -79.80380933341
    Latitude
    36.083942068139

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    FAQs

    What type of property is this?
    Restaurant - 7,095 SF Medical Office, Build-to-Suit
    Where is this restaurant located?
    The property is located at 1050 Grecade St Greensboro, NC.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    Request Owner's contact information
    1050 Grecade St Greensboro, NC 27408
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    Greensboro, NC 27408
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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
    1050 Grecade St Greensboro, NC 27408
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