Financial
Distress signals
Property profile

402 Cornwallis Dr Greensboro, NC 27405

OFF-MARKET
Commercial real estate
Property ID
US53-1645835
3,793 SF 0.34 ac lot Built 1969
Last sale Apr 2026 · $1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$417k
Assessed land$244k
Assessed improvement$173k
Effective rate1.40%

Value estimate

· Sep 2026
$310k
$279k – $341k
CAP approach$670k
Submarket $/SF estimate$671k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$175/SF
ZIP average, outlier-cleaned · 69 recorded sales of this use type
Observed band · Q1–Q3$78 – $326
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-M
The C-M, Commercial Medium district is primarily intended to accommodate a wide range of retail, service,officeand multi family residenti...
General categoryMIXED_USE
JurisdictionGUILFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply23.7
Auto Repair Shop19.5
Wholesale Shop18.4

Location

402 Cornwallis Dr Greensboro, NC 27405-5636
County assessor Recorded deeds · 3 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2100 Cone, Greensboro, NC 27405-4226 $2,243,000 Dec 2025 5,040 SF
401 State, Greensboro, NC 27405-5656 $11,775,000 Dec 2025 3,409 SF
1701 Bessemer, Greensboro, NC 27405-7245 $13,000 May 2025 2,376 SF
2912 Market, Greensboro, NC 27405 $525,000 Oct 2024 3,380 SF
3206 Bessemer, Greensboro, NC 27405-7508 $3,450 Oct 2024 2,626 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 402 Cornwallis Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message