Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2600 Lawndale Dr Greensboro, NC 27408

    • Retail properties
    • 257,525 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Greensboro Distribution Group / Distribution Service
    • Greensboro Tree Experts / Tree Service

    Property Details for 2600 Lawndale Dr

    Property size
    257,525 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Description

    Lawndale Crossing offers exceptional retail space in a thriving Greensboro, NC location. This Class A power center boasts a total of 257,525 square feet, anchored by Target, Harris Teeter, and PetSmart, ensuring high foot traffic and visibility. The property is situated on Lawndale Drive, conveniently located off the busy Battleground Avenue retail corridor and just minutes from downtown Greensboro. This strategic location provides easy access to the affluent Irving Park, Kirkwood, and New Irving Park neighborhoods. Multiple tenancy options are available, with spaces ranging from a minimum of 1,450 square feet to a maximum contiguous space of 2,800 square feet. Currently, 4,250 square feet of vacant space is immediately available for lease. The property's classification as Class A signifies its high-quality construction, modern amenities, and desirable location. This presents a unique opportunity for businesses seeking a prominent presence in a high-demand retail area. The property's strong anchor tenants and convenient location within a densely populated area with high household incomes make it an ideal investment for businesses seeking significant growth potential. Contact us today to learn more about leasing opportunities and explore the possibilities of establishing your business in this exceptional retail center.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Johnston
    State
    North Carolina
    Longitude
    -79.8217
    Latitude
    36.103

    Comparable in this City

    • Value Estimation by Request
      1,367,802 SF

      3110 Kathleen Ave

      Restaurants • 1,367,802 SF
      3110 Kathleen Ave, Greensboro, NC 27408
      View Details
    • Value Estimation by Request
      6,500 SF

      Greensboro Mexican Restaurant For Sale With $1.7 Million In Sales!

      Restaurants • 6,500 SF
      0 Greensboro Mexican Restaurant For Sale With $1.7 Million In Sales!, Greensboro, NC 27408
      View Details
    • Value Estimation by Request
      6,200 SF

      1906 Lendew St

      Medical offices • 6,200 SF
      1906 Lendew St, Greensboro, NC 27408
      View Details
    • Value Estimation by Request
      1,500 SF

      1803 Pembroke Rd

      OFFICE (GENERAL) • 1,500 SF
      1803 Pembroke Rd, Greensboro, NC 27408-7901
      View Details
    • Value Estimation by Request
      1,716 SF

      1821 Pembroke Rd

      OFFICE (GENERAL) • 1,716 SF
      1821 Pembroke Rd, Greensboro, NC 27408-7901
      View Details
    • Value Estimation by Request
      46,744 SF

      3150 Elm St

      OFFICE (GENERAL) • 46,744 SF
      3150 Elm St, Greensboro, NC 27408-3880
      View Details

    Similar Nearby for Sale

    • $1,500,000
      4,800 SF

      Battleground Ave Auto Shop - Greensboro

      Prime Greensboro location, vacant, redevelopment ready.
      1212 Battleground Ave, Greensboro, NC 27408
      View Details
    • Contact for pricing

      Green Valley Office Suite

      Commercial office suite in central Greensboro's Green Valley area.
      1901 Lendew St, Greensboro, NC 27408
      View Details
    • Contact for pricing
      8,000 SF

      Retail Space on Battleground Avenue

      Retail property on a main Greensboro retail corridor.
      2420 Battleground Ave, Greensboro, NC 27408
      View Details
    • Contact for pricing
      8,986 SF

      Fully Occupied Retail Center

      Retail center built in 2008 with diverse tenant mix.
      2920 Martinsville Rd, Greensboro, NC 27408
      View Details
    • Contact for pricing
      3.99 Acres

      Greensboro Land: 3.99 Acres

      Prime Greensboro location, commercial/residential potential.
      1705 Quail Dr, Greensboro, NC 27408
      View Details
    • $395,000

      Office Zoned Land For Sale

      Two combined lots totaling approximately 0.35 acres, zoned "O" Office.
      2504-2506 Oakcrest Ave, Greensboro, NC 27408
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,367,802 SF

      Greensboro Retail & Office Space

      Prime Greensboro location, multiple spaces available.
      3110 Kathleen Ave, Greensboro, NC 27408
      View Details
    • $16 SF/Yr
      7,095 SF

      Greensboro Medical Office Space

      7,095 SF Medical Office, Build-to-Suit
      1050 Grecade St, Greensboro, NC 27408
      View Details
    • $3,850 /Mo
      1,344 SF

      Battleground Avenue Commercial Building For Rent

      Standalone 1344 SF building on high-visibility Battleground Avenue.
      2916-2918 Battleground Ave, Greensboro, NC 27408
      View Details
    • $12 SF/Yr
      3,500 SF

      Two-Story Office Building For Rent

      Two-story office building with on-site parking and signage opportunity.
      108 State St, Greensboro, NC 27408
      View Details
    • $21 SF/Yr
      2,634 SF

      Corner Office Space in Greensboro

      Office space ideal for small businesses and start-ups.
      2102 N Elm St, Greensboro, NC 27408
      View Details
    • Contact for pricing
      49,500 SF

      Greensboro Office Space Available

      Class A office suites, flexible layouts, prime location.
      717 Green Valley Rd, Greensboro, NC 27408
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2600 Lawndale Dr
    Greensboro, NC 27408
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.