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    Property profile & analytics

    2006 Veasley St Greensboro, NC 27407-4638

    • Hotels
    • 39,672 SF
    • 1.63 lot acres
    OFF-MARKET
    Value Estimation
    $1,130,000
    Last Sale
    Jun 15, 2023
    $1,153,500
    Location Intelligence
    Property ID
    US53-1224252
    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.

    Current Use by Public Records

    • Wingate by Wyndham Greensboro/Coliseum / Hotel / Extended Stay Hotel

    Property Details for 2006 Veasley St

    Year built
    1994
    Lot size
    1.63 lot acres
    Property size
    39,672 SF
    Zone code
    C-M
    Property type
    Hotels
    Property subtype
    Motels
    APN
    53276
    APU
    53276

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,130,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,145,000
      6.5%
      $1,070,000
      7%
      $1,080,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,300,000
      Geo Method
      $1,150,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,075,000
      Retail
      $960,000
      Mixed-Use
      $1,145,000
      Hospitality
      $1,020,000
      Educational
      $1,145,000
      Residential Income
      $1,160,000
      Energy
      $950,000
      Income-Based Land
      $960,000
      Food Service
      $1,115,000

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.8459
    Latitude
    36.0427
    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
    $79,993
    $681,600
    $5,020,000
    $5,701,600
    -
    $681,600
    $5,020,000
    $5,701,600

    Comparable in this City

    • Value Estimation by Request
      52,139 SF

      1103 Lanada Rd

      HOTEL/MOTEL • 52,139 SF
      1103 Lanada Rd, Greensboro, NC 27407-2651
      View Details
    • Value Estimation by Request
      79,048 SF

      3220 Gate City Blvd

      HOTEL/MOTEL • 79,048 SF
      3220 Gate City Blvd, Greensboro, NC 27407-4618
      View Details
    • Value Estimation by Request
      360,140 SF

      1000 Clb Rda

      HOTEL/MOTEL • 360,140 SF
      1000 Clb Rda, Greensboro, NC 27407-8286
      View Details
    • Value Estimation
      $3,700,000
      49,902 SF

      2001 Veasley St

      HOTEL/MOTEL • 49,902 SF
      2001 Veasley St, Greensboro, NC 27407-4637
      View Details
    • Value Estimation by Request
      40,416 SF

      6009 Landmark Ctr Blvd

      HOTEL/MOTEL • 40,416 SF
      6009 Landmark Ctr Blvd, Greensboro, NC 27407-2634
      View Details
    • Value Estimation by Request
      27,506 SF

      3121 Gate City Blvd

      HOTEL/MOTEL • 27,506 SF
      3121 Gate City Blvd, Greensboro, NC 27407-4615
      View Details

    Similar Nearby for Sale

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      1.43 Acres

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      Vacant lot, R3 zoning, great potential.
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      3,635 SF

      Greensboro Retail Space - Mackay Rd

      Prime Retail Space, High Traffic Area, 3635 SF
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    • $1,700,000

      Greensboro Retail Investment Opportunity

      Prime Retail Building & Parking Lots
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      Residential Land & Home Lots

      Multiple lots for sale together in Greensboro, North Carolina.
      2904 Cromwell Rd, Greensboro, NC 27407
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    • $3,260,000

      Greensboro Developable Land For Sale

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    Similar Nearby for Lease

    • Contact for pricing
      143,000 SF

      Greensboro Retail Center Investment

      High-traffic retail space available now
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      View Details
    • $22 SF/Yr
      19,813 SF

      Wendover Ave Retail Space For Lease

      High-Visibility Greensboro Retail Space
      4401 Wendover Ave, Greensboro, NC 27407
      View Details
    • Contact for pricing
      14,517 SF

      Greensboro Warehouse with Office Space

      17,959 SF warehouse with office space available for lease.
      4111-4117 Romaine St, Greensboro, NC 27407
      View Details
    • Contact for pricing

      Grocery Anchored Shopping Center Space

      Retail spaces available in Greensboro shopping center.
      3703-3723 West Gate City Blvd, Greensboro, NC 27407
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    • Contact for pricing

      Grandover Commons Office Location

      Shovel-ready sites in premier master-planned community near Grandover Resort.
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      View Details
    • Contact for pricing
      2,500 SF

      Greensboro Flex / Industrial Space

      2,500 SF flex/industrial space available for lease.
      1904 Fairfax Rd, Greensboro, NC 27407
      View Details

    Property Visit Statistics

    • Visits by month
      8.4k
    • Visitors by month
      3.6k
    • Avg Time on site
      466 min
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    Greensboro, NC 27407-4638
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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