Property profile

2208 Fleming Rd Greensboro, NC 27410

OFF-MARKET
Commercial real estate
Property ID
US53-5637196
4,680 SF 6.35 ac lot Built 1998
Entity Owned 21-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4.7-acre commercial land parcel presents a compelling investment opportunity in Greensboro, North Carolina. Located at 2208 Fleming Road, this property boasts a highly desirable location within a thriving retail corridor, offering excellent visibility and accessibility. Zoned for commercial use, the land is priced at $950,000, or $4.64 per square foot. Its strategic position behind a CVS Pharmacy and BP gas station ensures high traffic volume, with an estimated 14,000 vehicles passing daily on Fleming Road. The property's proximity to Interstate 40 and Piedmont Triad International Airport (approximately 2 miles away) provides unparalleled convenience and connectivity. Surrounding businesses include well-established national retailers such as Food Lion, Dollar General, Subway, and McDonald's, further solidifying the area's strong commercial presence. This site is ideal for developers seeking a prime location to build a variety of commercial ventures, capitalizing on the high traffic counts and established retail environment. The Guilford County address and 27410 zip code offer easy identification and access to local amenities and services. This is a rare opportunity to acquire a significant land parcel in a high-growth area with exceptional potential for future development and return on investment.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1998
Total area 4,680 SF
Lot 6.35 ac (276,606 SF)
Zoning code C-L
APN 96276
UPID US53-5637196

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2208 Fleming Rd Greensboro, NC 27410
Greensboro metro Census 16009 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
$712k
Blend (final) Blend
$580k

Owner & transaction history

since 2005
2 recorded transactions
2005
$748,000
2004
$850,000

Zoning & alternative use

C-L · Greensboro, NC
Zoning description

The C-L, Commercial Low district is primarily intended to accommodate low intensity shopping and services close to residential areas. The district is established to provide locations for businesses which serve nearby nei…

General category COMMERCIAL

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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