Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2300 Golden Gate Dr Greensboro, NC 27405-4948

    • Apartment buildings
    • 7,140 SF
    • 8.83 lot acres
    OFF-MARKET
    Last Sale
    Dec 08, 2022
    Value Estimations
    $950,000
    Show details
    Cap Rate Potential
    7.6%
    Apartment buildings
    Location Intelligence
    Property ID
    US53-2186434
    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

    • Apartment buildings

    Property Details for 2300 Golden Gate Dr

    Year built
    1966
    Lot size
    8.83 lot acres
    Property size
    7,140 SF
    Zone code
    RM-12
    Property type
    Apartment buildings
    APN
    28163
    APU
    28163

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $785,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,000,000
      6.5%
      $920,000
      7%
      $855,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,136,000
      Market price range: $508k - $1.14M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Greensboro
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.7821
    Latitude
    36.1054
    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
    $96,658
    $718,500
    $5,781,000
    $6,499,500
    -
    $718,500
    $5,781,000
    $6,499,500

    Comparable in this City

    • Value Estimation
      $950,000
      7,726 SF

      801 Carrieland Dr

      APARTMENT HOUSE (5+ UNITS) • 7,726 SF
      801 Carrieland Dr, Greensboro, NC 27405-6080
      View Details
    • Value Estimation
      $1,085,000
      8,462 SF

      3100 Yanceyville St

      APARTMENT HOUSE (5+ UNITS) • 8,462 SF
      3100 Yanceyville St, Greensboro, NC 27405-4697
      View Details
    • Value Estimation
      $2,530,000
      22,696 SF

      2605 Yanceyville St, Unit 2611

      APARTMENT HOUSE (5+ UNITS) • 22,696 SF
      2605 Yanceyville St, Greensboro, NC 27405-2546
      View Details
    • Value Estimation
      $11,200,000
      8,144 SF

      814 Cone Blvd

      APARTMENT HOUSE (5+ UNITS) • 8,144 SF
      814 Cone Blvd, Greensboro, NC 27405-4577
      View Details
    • Value Estimation by Request
      6,076 SF

      3431 Wichita Pl

      APARTMENT HOUSE (5+ UNITS) • 6,076 SF
      3431 Wichita Pl, Greensboro, NC 27405-2525
      View Details
    • Value Estimation
      $14,490,000
      19,518 SF

      205 Wind Rd, Unit 203

      APARTMENT HOUSE (5+ UNITS) • 19,518 SF
      205 Wind Rd, Greensboro, NC 27405-2640
      View Details

    Similar Nearby for Sale

    • New
      $350,000
      Pending

      Greensboro Multifamily Renovation Opportunity

      Distressed five-unit property with value-add potential for experienced investors.
      3425 Martin Ave, Greensboro, NC 27405
      View Details
    • $112,500
      0.47 Acres

      Greensboro Commercial Land For Sale

      0.47 acre commercial land with highway frontage near I-785.
      5026 Burlington Rd, Greensboro, NC 27405
      View Details
    • $2,239,000
      13,700 SF

      Greensboro Office Building For Sale

      Prime Greensboro Office, 13,700 SF
      720 Summit Ave, Greensboro, NC 27405
      View Details
    • Contact for pricing

      Greensboro Land for Industrial Development

      98-acre land parcel suitable for industrial or mixed-use development.
      3725 Mcconnell Rd, Greensboro, NC 27405
      View Details
    • $249,900
      0.93 Acres

      Commercial Land Near Highway 785

      Commercial land with easy highway access and city water nearby.
      4004 Us Highway 29, Greensboro, NC 27405
      View Details
    • Contact for pricing

      Land in Growing Greensboro Area

      Land in a rapidly expanding area with great connectivity.
      2101 E Cone Blvd, Greensboro, NC 27405
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Space Available For Lease

      Commercial property available for lease in Greensboro, North Carolina.
      3618 Mcconnell Rd, Greensboro, NC 27405
      View Details
    • Contact for pricing
      4,354 SF

      Economical Office Space Available

      Office property with flexible terms, ideal for small businesses.
      1101-1119 Wendover Ave E, Greensboro, NC 27405
      View Details
    • Contact for pricing
      2,000 SF

      Office Space For Lease

      Office spaces available with elevator access and ample parking.
      801 Summit Ave, Greensboro, NC 27405
      View Details
    • Contact for pricing
      9,000 SF

      Retail Space on E Cone

      Retail space available for sublease through January 31, 2026.
      1421-1473 E Cone Blvd, Greensboro, NC 27405
      View Details
    • Contact for pricing
      18,000 SF

      Greensboro Warehouse with Loading Docks

      18,000 SF warehouse with multiple loading options.
      1013 Warehouse St, Greensboro, NC 27405
      View Details
    • $14 SF/Yr
      1,760 SF

      North Greensboro Office/Medical Space

      Office or medical space for lease in north Greensboro.
      2704-2722 N Church St, Greensboro, NC 27405
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2300 Golden Gate Dr
    Greensboro, NC 27405-4948
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!