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    Randleman Rd Greensboro, NC 27406

    Sponsored
    For Sale
    $1,560,000

    Prime Greensboro commercial land, ideal for retail development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 7.88-acre commercial land parcel presents a remarkable investment opportunity in the thriving Greensboro, North Carolina market. Located at the northeast corner of Randleman Road and Elmsley Drive, this strategically positioned site boasts a signalized intersection, ensuring high visibility and accessibility. The property is conveniently situated in South Greensboro, offering easy access to I-85 Bypass, providing excellent connectivity to the wider region. The land is commercially zoned and features a rough-graded pad site, ready for immediate development. Shared driveway cuts provide convenient access from both Randleman Road and Elmsley Drive. Essential utilities are readily available, simplifying the construction process and minimizing upfront costs. This property's prime location, coupled with its prepared infrastructure, makes it an exceptional opportunity for developers seeking a high-impact commercial or retail project. The asking price for this exceptional 7.88-acre parcel is $1,560,000. The address is 0 Randleman Rd, Greensboro, NC 27406, within Guilford County. This is a rare opportunity to acquire a ready-to-develop site in a high-growth area. Don't miss out on this chance to secure a prominent location for your next venture.

    Property Features for 0 Randleman Rd

    General Information

    Property type
    Land
    Lot Size
    343,253 SF

    HighLights

    • $1,560,000 asking price.
    • 7.88‑acre commercial land parcel.
    • Located at the northeast corner of Randleman Road and Elmsley Drive in Greensboro, NC.
    • Signalized intersection with commercially zoned land.
    • Improved site with rough grading, shared driveway access, and available utilities.
    • Convenient South Greensboro location, easily accessible from I‑85 Bypass.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.805752
    Latitude
    36.003771

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    FAQs

    What type of property is this?
    Land - Prime Greensboro commercial land, ideal for retail development.
    Where is this land located?
    The property is located at Randleman Rd Greensboro, NC.
    What is the asking price?
    The asking price for this property is $1,560,000.
    What are key features of this property?
    This property features: $1,560,000 asking price.; 7.88-acre commercial land parcel.; Located at the northeast corner of Randleman Road and Elmsley Drive in Greensboro, NC.
    Request Owner's contact information
    Randleman Rd Greensboro, NC 27406
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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
    Randleman Rd Greensboro, NC 27406
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