Property profile

2004 Veasley St Greensboro, NC 27407

OFF-MARKET
Hotels
Property ID
US53-1114064
22,290 SF 2.43 ac lot Built 1986
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1986
Total area 22,290 SF
Lot 2.43 ac (105,851 SF)
Zoning code C-M
APN 53270
UPID US53-1114064

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
  • Hotel & Motel
  • Law Firm
  • Atm

Location

2004 Veasley St Greensboro, NC 27407-4638
Greensboro metro Census 12608 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.10M
Comparable Approach Comparable
$1.68M
Blend (final) Blend
$2.46M

Owner & transaction history

since 2019
6 recorded transactions
2019
$4.9M
2019
Price N/A
2016
$3.0M
2014
$2.2M
2013
$2.0M
2007
Price N/A

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
Commercial (general) $3.3M +28.1%
Industrial (general) $2.8M +7.0%

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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