1208 Oakland Ave Greensboro, NC 27403-2743
Property profile & analytics
1208 Oakland Ave Greensboro, NC 27403-2743
- Office Spaces
- 8,652 SF
- 1.05 lot acres
Property ID
US53-0951593
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.
Location Intelligence
Current Use by Public Records
- College Hill Collective / Gym & Fitness Center
- Neighborhood National No. 4 / Golf Course
Property Details for 1208 Oakland Ave
- Year built
- 1955
- Lot size
- 1.05 lot acres
- Property size
- 8,652 SF
- Zone code
- CU-GO-M
- Property type
- Office Spaces
- APN
- 11698
- APU
- 11698
Description
This exceptional mixed-use property, located at 1208 Oakland Ave in Greensboro, North Carolina, presents a compelling investment opportunity. The 9,200 square-foot building, constructed in 1955, sits on a 1.05-acre lot and is classified as a Class B property. The two-story structure boasts ample parking with 60 spaces, a significant advantage in a bustling urban environment. The property is zoned CD-O, permitting a wide range of uses including schools, medical offices, religious facilities, and fitness centers. Currently, a small portion (1,000 square feet) is leased to a golf simulator company until June 2025. The building's versatile layout includes multi-level space suitable for offices, meeting rooms, fitness areas, and storage or classrooms. The fitness area features a 26-foot ceiling height. Amenities include a mezzanine-level kitchenette, washer and dryer, two restrooms, and main-level multi-stall restrooms with showers. The property's strategic location offers convenient proximity to the University of North Carolina at Greensboro (UNC-G), enhancing its appeal to a diverse clientele. An ADT security system is already installed, providing added security. The asking price for this unique property is $2,000,000. The property's APN is 0011698. This is a rare opportunity to acquire a substantial mixed-use property in a thriving Greensboro neighborhood.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,530,000
- ML approach
- $1,460,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,655,000
- 6.5%
- $1,525,000
- 7%
- $1,415,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,216,000
- AI Estimate
- $912,000
Market price range: $964k - $1.97MMarket price range: $546k - $1.40M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,330,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $2,265,000 Change: +71% Conversion: Moderate
- RETAIL STORES
- $1,995,000 Change: +50% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Greensboro
- County
- Guilford
- State
- North Carolina
- Longitude
- -79.8164
- Latitude
- 36.0634
- 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
$12,146
$251,400
$614,300
$865,700
-
$251,400
$614,300
$865,700
