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Property profile & analytics
OFF-MARKET
Estimated value
$10,640,000
Retail space
1302 Bridford Pkwy, Greensboro, NC 27407-2800
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-1842439
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1994
Total area
181,538 SF
Lot
16.05 ac (699,138 SF)
Zoning code
CU-SC
APN
74718
UPID
US53-1842439
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
-
Sears Appliance Repair Hardware & Home Improvement HVAC Service
-
Amazon Locker - Formula Postal Service Courier Service
-
Acceptance Now Loan Service
-
Floor & Decor Carpet & Flooring Store Hardware & Home Improvement
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.69M
Blend (final)
Blend
$10.64M
Owner & transaction history
Landmark Center Tei Equities LLC · 3 yrs held
Landmark Center Tei Equities LLC
since 2022
Last sale
$10.3M
3 recorded transactions
Zoning & alternative use
CU-SC · 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
$13,160,000
ML approach
$10,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.64M
Range $9.58M – $11.70M · ±10% · vs last sale $10.30M (Dec 29 2022)
Last sale anchor
$10.30M
Dec 29 2022
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
$59 / 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
$204,956
Tax year 2023
Assessed value
$14,608,400
Assessed 2023
Previous assessed
$14,797,200
-1.3% YoY
Effective rate
1.40%
On assessed value
Assessed land
$8,459,700
Assessed improvement
$6,148,700
Land market value
$8,459,700
Improvement market value
$6,148,700
Total market value
$14,608,400
Applied tax rate
1.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1994
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
2
Total area
181,538 SF
Lot
16.05 ac (699,138 SF)
Zoning code
CU-SC
APN
74718
UPID
US53-1842439
Jurisdiction
GUILFORD
Zoning & alternative use
CU-SC · Greensboro, NC
Zoning CU-SC · permitted uses
CU-SC · 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.
Building & site characteristics
From public records
Year built
1994
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
2
Lot
16.05 ac
Current owner
From public records · entity-resolved
Landmark Center Tei Equities LLC
Entity
Mailing address
55 5TH FL FL #15, NEW YORK, NY 10003
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2022
$10,300,000
Landmark Center Tei Equities LLC
Seritage Kmt Finance LLC
Special Warranty Deed
$15,000,000 · Morgan Stanley Bank NA
Dec 17, 2019
—
Seritage Kmt Finance LLC
—
Deed
related
$200,000,000 · Berkshire Hathaway Life Insurance Compan
Jul 15, 2015
$3,916,500
Seritage Kmt Finance LLC
Kmart Corp
Grant Deed
related
$1,025,000,000 · Jp Morgan Chase Bk
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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