3900 O.henry Blvd Greensboro, NC 27405
- Retail properties
- 4,410 SF
- 1.95 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3900 O.henry Blvd
- Year built
- 1962
- Lot size
- 1.95 lot acres
- Property size
- 4,410 SF
- Property type
- Retail properties
- Property subtype
- Mixed-use properties
Description
This exceptional 1.95-acre commercial redevelopment opportunity is situated on a high-traffic corner lot at 3900 N O'Henry Blvd (US 29 N) in Greensboro, North Carolina. The property boasts excellent visibility and accessibility, located just three-quarters of a mile southwest of the I-840 highway loop, experiencing 46,000 cars daily. Currently improved with a 4,410 square foot block-brick building featuring three tenants on month-to-month leases, generating a combined monthly rent of $2,500. The building houses a church congregation, Able Fence Company offices with a yard, and a tire business. Additional improvements include a large shed/barn on the rear lot. The property includes four parcels (APN: 126434, 126435, 126428, 126429) and is zoned for both light industry and residential (back lot off Vista Avenue). Built in 1962 and renovated in 1990, the property features two buildings, one story, 25 parking spaces, one loading dock, and one dock-high door with a 20-foot ceiling height. The asking price is $1,700,000, translating to $396.82 per square foot and $897,435 per acre. Well and septic are currently in place, with city water available at the street. This property presents a unique chance for value-add investment and redevelopment, offering significant potential for future growth.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Greensboro
- County
- Guilford
- State
- North Carolina
- Longitude
- -79.7426
- Latitude
- 36.1322
