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    Property profile & analytics

    248 Edgeworth St Greensboro, NC 27401

    • Office Properties & Spaces
    • 0.18 lot acres
    For Sale
    View listing
    $1,325,000
    Value Estimation
    Last Sale
    May 25, 2021
    $48,000
    Location Intelligence
    Property ID
    US53-1862698
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 248 Edgeworth St

    Lot size
    0.18 lot acres
    Zone code
    O
    Property type
    Office Properties & Spaces
    APN
    1797
    APU
    1797

    Description

    This exceptional 0.53-acre commercial land parcel presents a unique investment opportunity in the heart of Greensboro, North Carolina. Located at 248 N Edgeworth St, 27401, this property encompasses three combined lots: 248 and 242 North Edgeworth Street, and the adjacent lot at 429 Bellemeade Street. The site boasts a highly desirable Commercial zoning designation, making it perfectly suited for a variety of development projects. Its strategic location directly across from First National Bank Field, home of the Greensboro Grasshoppers, ensures high visibility and accessibility. Furthermore, the property's proximity to a City of Greensboro parking deck provides convenient parking options for future tenants or residents. This prime location offers significant potential for an office complex or multifamily development, capitalizing on the vibrant energy and growing demand in this dynamic area of Greensboro. The asking price for this combined land parcel is $1,325,000. Don't miss this chance to acquire a highly sought-after piece of Greensboro real estate.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.7955
    Latitude
    36.0756
    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
    $4,733
    $317,000
    $0.00
    $317,000
    -
    $317,000
    $0.00
    $317,000

    Comparable in this City

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      312 Church Ct

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    248 Edgeworth St
    Greensboro, NC 27401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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