1305 Battleground AveGreensboro, NC 27408

  • Other commercial real estate
  • 44,956 SF
For Lease

Property Details for 1305 Battleground Ave

Year built
1999
Construction
FRAME
Lot size
5.77 AC
Property size (Sq ft)
44,956 SF
Zone code
CD-C-M
Property type
Other commercial real estate
APN
6645
APU
6645

Description

This exceptional 22,000 square foot build-to-suit opportunity presents a rare chance to establish a prominent restaurant presence in Greensboro, North Carolina. Located at 1305 Battleground Avenue in Guilford County, zip code 27408, this property boasts a highly visible corner location at a stoplight intersection, offering unparalleled exposure to a substantial daily traffic count of 90,000 vehicles. The site benefits from its strategic placement at the end of an off-ramp from Wendover Avenue, ensuring easy accessibility for customers. The property is currently entirely vacant and ready for immediate development. This outparcel location is ideally situated within a thriving commercial area, anchored by RED Cinemas and enjoying close proximity to significant amenities. Within a 1.5-mile radius, the property is surrounded by three hospitals, a substantial 5 million square foot office park, and a vibrant community of 22,000 college students, along with a diverse range of existing retail and restaurant establishments. This prime location offers unparalleled potential for high visibility and significant customer traffic, making it an exceptional investment opportunity for a discerning restaurant operator seeking a build-to-suit space in a high-demand area. The property is classified as retail, specifically for restaurant use, and is designated as a multi-tenant property.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,645,473
    Hospitality
    $5,171,223
    Educational
    $4,302,397
    Medical
    $4,450,363
    Retail
    $6,692,618
1305 Battleground Ave, Greensboro, North Carolina
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Location Insight

City
Greensboro
County
Guilford
State
North Carolina
Latitude
36.0861
Longitude
-79.8077
CBSA code
24660
CBSA name
GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$91,575
$3,076,400
$3,450,700
$6,527,100
-
$3,076,400
$3,450,700
$6,527,100

FAQs

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