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    1926 Cedar Fork Dr Greensboro, NC 27407

    Sponsored
    For Sale
    $225,000

    0.45-acre lot, rental house included.

    Property size:
    900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 0.45-acre residential lot, located at 1926 Cedar Fork Drive in Greensboro, North Carolina, presents a unique investment opportunity. Priced at $225,000, this property offers significant potential for various uses. The lot boasts convenient access to major transportation arteries, including Interstates 40 and 85, and Highway 220, placing residents within easy reach of Greensboro's vibrant downtown area. The property is also situated just one mile from the Four Seasons Town Center, providing access to shopping and amenities. Currently on the property is a rental house, adding immediate income potential. The existing structure is sold "as is." The 900 square foot house was built in 1946. The lot's size and location in Guilford County, zip code 27407, make it an attractive proposition for developers or those seeking a prime location for a new residential project. The property is being sold by the owner. The price per square foot is $250.

    Property Features for 1926 Cedar Fork Dr

    General Information

    Property type
    Land
    Square Feet
    900 SF
    Lot Size
    19,602 SF

    Building Details

    Year Built
    1946

    HighLights

    • $225,000 asking price for 0.45‑acre residential land parcel.
    • 900 square feet, $250 per square foot.
    • Built in 1946, located at 1926 Cedar Fork Dr, Greensboro, NC 27407.
    • Convenient access to I‑40, I‑85, Highway 220, and downtown Greensboro.
    • Includes existing rental house; sold as‑is.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.849044365125
    Latitude
    36.043621864345

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    FAQs

    What type of property is this?
    Land - 0.45-acre lot, rental house included.
    Where is this land located?
    The property is located at 1926 Cedar Fork Dr Greensboro, NC.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: $225,000 asking price for 0.45-acre residential land parcel.; 900 square feet, $250 per square foot.; Built in 1946, located at 1926 Cedar Fork Dr, Greensboro, NC 27407.
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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
    1926 Cedar Fork Dr Greensboro, NC 27407
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