4634 Hicone RdGreensboro, NC 27405

Property Details for 4634 Hicone Rd

Year built

1988

Lot size

9.08 AC

Property size (Sq ft)

58,977 SF

Zone code

CU-SC

Property type

Retail properties

Property subtype

Retail space

APN

83333

APU

83333

Description

This thriving Greensboro, NC retail center, located at 4634 Hicone Rd, 27405, offers multiple retail spaces for lease, ranging from approximately 1,400 to 6,400 square feet. The center boasts a strong tenant base, anchored by a Food Lion and a CVS, both consistently ranked among the top performers in North Carolina within their respective chains. Food Lion, a 32-year tenant, holds a remarkable 4th place ranking out of 480 stores statewide, while CVS, a 22-year tenant, ranks 26th out of 299. This demonstrates exceptional tenant longevity and performance

• CAP approach

  CAP return

  Valuation

  6%

  $9,511,590

  6.5%

  $8,779,929

  7%

  $8,152,792

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,865,034

  Geo Method

  $34,114,704

• Alternative Use

  Use

  Valuation

  Residential

  $7,406,198

  Hospitality

  $6,784,038

  Educational

  $5,644,240

  Medical

  $5,838,354

  Retail

  $8,779,929

Location Insight

City

Greensboro

County

Guilford

State

North Carolina

Latitude

36.1511

Longitude

-79.7116

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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