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Assemblage Chestnut St Greensboro, NC 27405

OFF-MARKET Land Google Maps
5.88 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 5.88-acre residential land assemblage presents a unique development opportunity in Greensboro, North Carolina's desirable Dunleath Historic District. Located on Chestnut Street, this in-fill tract is ideally situated for a townhome development, harmonizing with the area's historic character. The property encompasses multiple addresses: 677, 679, and 681 Chestnut Street, 699 YY Chestnut Street, 700 and 720 North Church Street, and 303 Leftwich Street. Zoned RM-18, the site offers significant potential for residential construction. Its prime location provides convenient access to Downtown Greensboro, the Downtown Greenway, the Urban Loop, and Interstate 40, ensuring easy commutes and proximity to a wealth of amenities and attractions. This is a rare chance to acquire a substantial land parcel in a highly sought-after Greensboro neighborhood, perfect for a developer seeking to create a high-quality residential community. The asking price for this exceptional property is $2,200,000. Don't miss this opportunity to capitalize on the growing demand for housing in this vibrant area.

Property profile

Verified
Property type Land
Lot 5.88 ac (256,133 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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