Property profile

0 Randleman Rd Greensboro, NC 27406

OFF-MARKET
Land
0.8 ac lot
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Property summary

AI-generated overview

This exceptional 0.8-acre commercial land parcel presents a remarkable investment opportunity in a high-growth area of Greensboro, North Carolina. Located at the northeast corner of Randleman Road and Elmsley Drive, this strategically positioned site benefits from excellent visibility and accessibility. The property is situated in a commercially zoned area and features a rough-graded pad site, ready for immediate development. A shared driveway provides convenient access from both Randleman Road and Elmsley Drive. All necessary utilities are readily available, simplifying the construction process. This location offers significant advantages, including proximity to the I-85 bypass, ensuring easy access to major transportation routes. The surrounding area is experiencing notable growth in middle-income residential development, creating a strong demand for commercial services and retail establishments. The signalized corner location ensures high visibility for any future business, maximizing its potential for success. This is an ideal site for a variety of commercial or retail ventures, offering a compelling combination of location, infrastructure, and growth potential. The asking price is $600,000. The property's address is Randleman Rd, Greensboro, NC 27406.

Property profile

Verified
Property type Land
Lot 0.8 ac (34,848 SF)

Cap rate & NOI

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

Location

Randleman Rd Greensboro, NC 27406
Greensboro metro
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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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