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Financial
Distress signals
Property profile

221 Commerce Pl Greensboro, NC 27401

OFF-MARKET
Office Spaces
Property ID
US53-1542087
13,563 SF 0.9 ac lot Built 1947
Last sale Apr 2022
Individually Owned Owner of record is an individual. 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 office property in Greensboro's central business district offers a variety of updated suites, perfect for businesses of all sizes. The building totals 13,563 square feet and provides flexible space options, with minimum divisible units starting at 975 square feet and maximum contiguous space available up to 3,852 square feet. This allows for significant adaptability to suit diverse tenant needs, from smaller startups to larger established firms. The property is conveniently…

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?
$31k
Tax billed · 2023
Assessed value$2.04M
Assessed land$1.48M
Assessed improvement$562k
Effective rate1.49%

Value estimate

· Oct 2026
$2.19M
$1.97M – $2.41M
CAP approach$2.40M
Submarket $/SF estimate$2.55M

Realmo valuation models over county records and 8 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 comparables8

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: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop18.5
Electrical Service13.5
Auto Parts Store13.1

Location

221 Commerce Pl Greensboro, NC 27401-6022
County assessor Recorded deeds · 3 transfers 8 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
823 Elm, Greensboro, NC 27401-1510 $2,050,000 Oct 2024 18,715 SF
1311 Elm, Greensboro, NC 27401-6305 $1,250,000 Aug 2024 6,460 SF
311 Mcgee, Greensboro, NC 27401 $1,100,000 Dec 2023 11,386 SF
216 Commerce, Greensboro, NC 27401-6018 $550,000 Jun 2023 7,266 SF
500 Friendly, Greensboro, NC 27401-6129 $2,150,000 Mar 2023 22,536 SF
1111 Friendly, Greensboro, NC 27401-1871 $1,100,000 May 2022 8,810 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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