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Property profile & analytics
OFF-MARKET
Estimated value
$6,870,000
Retail space
2101 Pyramid Vlg Blvd, Greensboro, NC 27405-5151
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-1062423
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Total area
34,830 SF
Lot
9.35 ac (407,286 SF)
Zoning code
C
APN
55961
UPID
US53-1062423
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.87M
CAP Approach
CAP
$6.06M
Comparable Approach
Comparable
$6.12M
Blend (final)
Blend
$6.87M
Owner & transaction history
Pyramid Retail INC · 3 yrs held
Pyramid Retail INC
since 2023
Last sale
$7.1M
5 recorded transactions
Zoning & alternative use
C · Greensboro, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$10.4M
+29.4%
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
$6,965,000
ML approach
$7,865,000
CAP Approach
CAP Return
Estimation
6%
$6,560,000
6.5%
$6,055,000
7%
$5,625,000
Alternative Use
Use
Estimation
RETAIL STORES
$8,025,000
Current use
APARTMENT HOUSE (5+ UNITS)
$10,385,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$6.87M
Range $6.18M – $7.56M · ±10% · vs last sale $7.11M (Jan 30 2023)
Last sale anchor
$7.11M
Jan 30 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
$197 / 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
$71,327
Tax year 2023
Assessed value
$5,083,900
Assessed 2023
Previous assessed
$8,983,400
-43.4% YoY
Effective rate
1.40%
On assessed value
Assessed land
$2,464,100
Assessed improvement
$2,619,800
Land market value
$2,464,100
Improvement market value
$2,619,800
Total market value
$5,083,900
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
2007
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
3
Rooms
10
Bathrooms
42
Total area
34,830 SF
Lot
9.35 ac (407,286 SF)
Zoning code
C
APN
55961
UPID
US53-1062423
Jurisdiction
GUILFORD
Zoning & alternative use
C · Greensboro, NC
Zoning C · permitted uses
C · 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
$8.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.4M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
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
2007
Heating
HEAT PUMP
Cooling
Yes
Buildings
3
Rooms
10
Bathrooms
42
Lot
9.35 ac
Current owner
From public records · entity-resolved
Pyramid Retail INC
Entity
Mailing address
2021 78TH ST #4, BROOKLYN, NY 11214-1430
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2025
—
Pyramid Retail INC
—
Deed
related
$6,200,000 · Newtek Bank NA
Jan 30, 2023
$7,106,500
Pyramid Retail INC
Cmlt 2008 Ls1 East Cone Boulevard L
Special Warranty Deed
$5,100,000 · Emg Transfer Agent LLC
Apr 10, 2018
$10,000,000
Cmlt 2008-ls1 E Cone Blvd LLC
Lucas Kenneth S JR|linder Ventures IV LLC
Trustees Deed
related
—
Aug 20, 2007
—
Linder Ventures IV LLC
Linder Ventures III LLC
Quit Claim Deed
related
$11,000,000 · Lasalle Bank NA
Jul 22, 2004
$1,280,000
Linder Ventures III LLC
Massachusetts Mutual Life Ins
Grant Deed
$1,280,000 · Branch Bk&tr
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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