2641 Randleman Rd Greensboro, NC 27406
- Industrial properties
- 13,890 SF
- 1.34 lot acres
Current Use by Public Records
- Hair Center / Barber Shop
- Serenity Styling Salon / Beauty Salon
- 3L Events: Live the Life you Love / Event Planner
- LibertyX Bitcoin ATM / Atm
- The Mattress Guy / Mattress Store
Property Details for 2641 Randleman Rd
- Year built
- 1984
- Construction
- FRAME
- Lot size
- 1.34 lot acres
- Property size
- 13,890 SF
- Zone code
- LI
- Property type
- Industrial properties
- APN
- 51945
- APU
- 51945
Description
This single-story, 15,000 square foot retail strip center at 2641 Randleman Road in Greensboro, North Carolina, presents a compelling investment opportunity. Built in 1984, the property boasts nine suites, with two spaces currently available, ranging from 1,750 to 3,500 contiguous square feet. The minimum divisible space is 1,750 square feet. The center benefits from a highly visible location on a major thoroughfare, offering excellent exposure to a substantial customer base. Its proximity to downtown Greensboro and convenient access to Interstates 40 and 85 (within half a mile) ensure easy accessibility for both customers and employees. Furthermore, its location on the Greensboro Transit Authority (GTA) route provides convenient public transportation access. Ample parking is available with 72 spaces. The property is zoned LI and offers lease terms of 3-5 years, providing tenants with stability and predictability. This well-situated retail center provides a strong foundation for business growth and success.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,335,000
- 6.5%
- $1,275,000
- 7%
- $1,350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,215,000
- Geo Method
- $1,365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,650,000
- Retail
- $1,445,000
- Mixed-Use
- $1,650,000
- Hospitality
- $1,545,000
- Educational
- $1,325,000
- Residential Income
- $1,380,000
- Energy
- $1,555,000
- Income-Based Land
- $1,500,000
- Food Service
- $1,375,000
Location Insight
- Map
- Local Demand
- City
- Greensboro
- County
- Guilford
- State
- North Carolina
- Longitude
- -79.8018
- Latitude
- 36.0262
- CBSA code
- 24660
- CBSA name
- GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
