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    371 Clapp Farms Rd Greensboro, NC 27405

    Sponsored
    For Sale
    $3,605,850

    26.71 Acres, I-85/I-40 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 26.71-acre commercial and industrial land parcel is strategically located in Greensboro, North Carolina, along the new I-785 Urban Loop, between I-40/I-85 and US 70. Conveniently situated near McConnell Road Exit 226 on I-40, this property boasts a prime location within a thriving industrial corridor. The site benefits from its proximity to over 2.1 million square feet of existing industrial space and an additional 1.0 million square feet of proposed industrial development along the McConnell Road/Clapp Farms Road corridor. The property is designated for future industrial use and has readily available water and sewer utilities. This exceptional offering presents a significant investment opportunity, priced at $3,605,850, or $135,000 per acre. The Guilford County PIN is 115531. The property is situated within the City of Greensboro ETJ. This location offers unparalleled access to major transportation arteries, making it ideal for various industrial and commercial ventures. Don't miss this chance to acquire a substantial land holding in a rapidly growing area.

    Property Features for 371 Clapp Farms Rd

    General Information

    Property type
    Land
    Lot Size
    1,163,488 SF

    HighLights

    • City of Greensboro ETJ
    • Future Industrial Land Use
    • Water and sewer utilities available
    • Guilford County PIN 115531
    • $3,605,850 sale price ($135,000 per acre)
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.6983109
    Latitude
    36.06789003

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    FAQs

    What type of property is this?
    Land - 26.71 Acres, I-85/I-40 Access
    Where is this land located?
    The property is located at 371 Clapp Farms Rd Greensboro, NC.
    What is the asking price?
    The asking price for this property is $3,605,850.
    What are key features of this property?
    This property features: City of Greensboro ETJ; Future Industrial Land Use; Water and sewer utilities available
    Request Owner's contact information
    371 Clapp Farms Rd Greensboro, NC 27405
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    Greensboro, NC 27405
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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
    371 Clapp Farms Rd Greensboro, NC 27405
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