Property profile

1607 Friendly Ave 1609 Greensboro, NC 27403

OFF-MARKET
Commercial real estate
Property ID
US53-1651536
7,680 SF 0.2 ac lot Built 1938
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1938
Total area 7,680 SF
Lot 0.2 ac (8,712 SF)
Zoning code C-M
APN 12211
UPID US53-1651536

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
  • Veterinary Clinic
  • Veterinary Clinic
  • Discount Store
  • Atm

Location

1607 Friendly Ave, Unit 1609 Greensboro, NC 27403-1273
Greensboro metro Census 10701 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.30M
CAP Approach CAP
$1.36M
Comparable Approach Comparable
$1.55M
Blend (final) Blend
$1.30M

Owner & transaction history

since 2024
Last sale
$1.3M
2 recorded transactions
2024
Price N/A
2024
$1.3M

Zoning & alternative use

C-M · Greensboro, NC
Zoning description

The C-M, Commercial Medium district is primarily intended to accommodate a wide range of retail, service,officeand multi family residential uses in amixed useenvironment. The district is typically located along thoroughf…

General category MIXED_USE
Top alternative use upside
Apartment house (5+ units) $2.0M +70.5%
Retail stores $1.8M +50.0%

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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