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Financial
Distress signals
Property profile

214 Commerce Pl Greensboro, NC 27401

OFF-MARKET
Office Spaces
Property ID
US53-1649671
4,914 SF 0.08 ac lot Built 1940
Last sale Apr 2022 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 5,091-square-foot executive office space at 214 Commerce Place in Downtown Greensboro presents a unique opportunity. Completely renovated in 2024, the property offers a blank canvas for a discerning tenant or buyer. Originally constructed in 1940 and previously housing law offices, the interior has been fully opened, allowing for completely customizable layouts to suit diverse needs. The space is available as a single, contiguous unit, or it can be easily divided between the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$336k
Assessed land$134k
Assessed improvement$202k
Effective rate1.19%

Value estimate

· Oct 2026
$255k
$230k – $281k
AI approach$240k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$151/SF
ZIP average, outlier-cleaned · 76 recorded sales of this use type
Observed band · Q1–Q3$93 – $217
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CB
The CB, Central Business district is solely intended for application in the central core of the city. The district is established to enco...
General categoryMIXED_USE
JurisdictionGUILFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.4
Florist8.2
Tanning Salon7.9

Location

214 Commerce Pl Greensboro, NC 27401-2427
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
110 John Wesley, Greensboro, NC 27401-4919 $500,000 Dec 2025 3,300 SF
1311 Elm, Greensboro, NC 27401-6305 $1,250,000 Aug 2024 6,460 SF
501 Mcgee, Greensboro, NC 27401-2702 $800,000 Dec 2023 4,580 SF
216 Commerce, Greensboro, NC 27401-6018 $550,000 Jun 2023 7,266 SF
901 Elm, Greensboro, NC 27401-1512 $920,000 Mar 2022 3,596 SF
500 Banner, Greensboro, NC 27401-6348 $200,000 Nov 2021 3,711 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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