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Property profile & analytics
OFF-MARKET
Estimated value
$4,590,000
Retail space
1622 Stanley Rd, Greensboro, NC 27407-2739
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-1808664
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Total area
20,726 SF
Lot
2.28 ac (99,317 SF)
Zoning code
C-M
APN
74426
UPID
US53-1808664
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
-
Papa John's Pizza Restaurant
-
Republic Finance Loan Service
-
Ssalefish Comics (Bike/Boat/Book/etc) Store Newspaper & Magazine
-
Music Go Round (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.81M
CAP Approach
CAP
$3.61M
Comparable Approach
Comparable
$4.74M
Blend (final)
Blend
$4.59M
Owner & transaction history
Golden Plate LLC · 2 yrs held
Golden Plate LLC
since 2023
Last sale
$4.5M
2 recorded transactions
Zoning & alternative use
C-M · 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
$4,410,000
ML approach
$4,805,000
CAP Approach
CAP Return
Estimation
6%
$3,905,000
6.5%
$3,605,000
7%
$3,345,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,775,000
Current use
Blend value · Realmo final
$4.59M
Range $4.13M – $5.05M · ±10% · vs last sale $4.50M (Sep 13 2023)
Last sale anchor
$4.50M
Sep 13 2023
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
$221 / 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
$36,214
Tax year 2023
Assessed value
$2,581,200
Assessed 2023
Previous assessed
$2,581,200
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,020,500
Assessed improvement
$1,560,700
Land market value
$1,020,500
Improvement market value
$1,560,700
Total market value
$2,581,200
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
2000
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Bathrooms
12
Total area
20,726 SF
Lot
2.28 ac (99,317 SF)
Zoning code
C-M
APN
74426
UPID
US53-1808664
Jurisdiction
GUILFORD
Zoning & alternative use
C-M · Greensboro, NC
Zoning C-M · permitted uses
C-M · 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
RETAIL STORES Current
Est. value
$4.8M
RETAIL STORES 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
2000
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
12
Lot
2.28 ac
Current owner
From public records · entity-resolved
Golden Plate LLC
Entity
Mailing address
3611 FRIENDLY ACRES DR, GREENSBORO, NC 27410-2960
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2023
$4,500,000
Golden Plate LLC
Evans Best LLC
Special Warranty Deed
$2,700,000 · Piedmont Fsb
Jan 3, 2022
$3,560,000
Evans Best LLC
Brc Greensboro Retail LLC
Special Warranty Deed
$2,848,000 · Banksouth
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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