2012 Elm-Eugene St Greensboro, NC 27406
This exceptional 1,970 square foot commercial property, situated on a 0.68-acre corner lot in Greensboro, North Carolina, presents a unique investment opportunity. Previously used as a bank, this Class B building is now vacant and ready for immediate occupancy. The property boasts 23 marked parking spaces, providing ample convenience for customers or employees. Its strategic location at the corner of South Elm-Eugene and Terrell Street offers excellent visibility and accessibility, just minutes from the heart of downtown Greensboro. The building is zoned for Commercial Medium use, allowing for a wide range of potential redevelopment or repurposing options. The net rentable area is 1,924 square feet, and the property is offered at an asking price of $435,000. The building features two convenient entrances, enhancing accessibility and functionality. With its prime location, ample parking, and flexible zoning, this property is ideal for a variety of retail or office uses. The property is offered as a NNN lease, and the lot size provides significant potential for future expansion or development. This is a rare opportunity to acquire a well-located, versatile commercial building in a thriving Greensboro neighborhood. The property is currently vacant, allowing for immediate customization to suit your specific business needs. Don't miss this chance to secure a valuable asset in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.