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Property profile & analytics
OFF-MARKET
Estimated value
$8,715,000
Office Spaces
101 Elm St, Greensboro, NC 27401-2698
Individually Owned
1-yr Hold
Free & Clear
Property ID
US53-0115700
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1939
Construction
FRAME
Total area
90,750 SF
Lot
0.42 ac (18,295 SF)
Zoning code
CB
APN
3
UPID
US53-0115700
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
RDZ'S Flooring - Greensboro General Contractor Renovation Specialist
-
Triad Web Design Service Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Simpson-Smith Shirena Foster Care Service Social Service Agency
-
Uubex Digital Marketing Marketing & Advertising
-
ComTech Tech Support Center IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.58M
Blend (final)
Blend
$8.72M
Owner & transaction history
Stephen Szymeczek · 1 yrs held
Stephen Szymeczek
since 2025
7 recorded transactions
Zoning & alternative use
CB · Greensboro, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Greensboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greensboro submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$13,720,000
Current use
Blend value · Realmo final
$8.72M
Range $7.84M – $9.59M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$96 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$112,331
Tax year 2023
Assessed value
$8,493,100
Assessed 2023
Previous assessed
$8,493,100
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$798,600
Assessed improvement
$7,694,500
Land market value
$798,600
Improvement market value
$7,694,500
Total market value
$8,493,100
Applied tax rate
24.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1939
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Rooms
53
Bathrooms
10
Total area
90,750 SF
Lot
0.42 ac (18,295 SF)
Zoning code
CB
APN
3
UPID
US53-0115700
Jurisdiction
GUILFORD
Zoning & alternative use
CB · Greensboro, NC
Zoning CB · permitted uses
CB · Greensboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greensboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$13.7M
COMMERCIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1939
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Rooms
53
Bathrooms
10
Lot
0.42 ac
Current owner
From public records · entity-resolved
Stephen Szymeczek
Individual
Free & Clear · 1 yrs held
Mailing address
2909 PO BOX 96TH CT, ELON, NC 27244-0096
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2025
—
Stephen Szymeczek
N Blane Stanaland
Deed
—
Jul 2, 2024
—
Choudry Usman
Choudry Usman
Intrafamily Transfer
related
—
Feb 7, 2019
—
South Elm Street LLC
—
Deed
related
$5,000,000 · American National Bank & Trust Co
Aug 27, 2018
—
N Club LLC
City Of Greensboro
Grant Deed
related
—
Dec 21, 2015
$3,500,000
101 South Elm Street LLC
Stephan Goldner SR.
Warranty Deed
$2,750,000 · Wells Fargo Bank NA
Dec 21, 2015
—
Stephen Goldner SR
Law Center LLC
Warranty Deed
related
—
Dec 22, 2004
$3,230,000
101 South Elm LLC
South Elm
Grant Deed
related
$2,745,000 · Carolina Bk
—
—
Hussami Bayer LLC
—
Deed Of Trust
related
$10,000 · And Caren
—
—
William Davis JR.
—
Deed Of Trust
related
$116,674 · Taylor Bean & Whitaker Mtg
—
—
Hussami Bayer LLC
—
Deed Of Trust
related
$10,000 · And Crren
—
—
Hussami Bayer LLC
—
Deed Of Trust
related
$10,000 · And Caren
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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