Property profile

1207 Lexington Ave Greensboro, NC 27403

OFF-MARKET
Apartment buildings
Property ID
US53-5383864
6,244 SF 0.44 ac lot Built 2012
Entity Owned 17-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2012
Total area 6,244 SF
Lot 0.44 ac (19,166 SF)
Zoning code CD-RM-26
APN 8542
UPID US53-5383864

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency

Location

1207 Lexington Ave Greensboro, NC 27403-3691
Greensboro metro Census 11500 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$805k
Comparable Approach Comparable
$768k
Blend (final) Blend
$425k

Owner & transaction history

since 2008
1 recorded transaction
2008
$60,000

Zoning & alternative use

CD-RM-26 · Greensboro, NC
Zoning description

Conditional districts are primarily intended to allow for the zoning and development of property, subject to both underlying district standards and additional conditions, to help development fit better with the site and…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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