Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

2406 Spg Gdn St Greensboro, NC 27403

OFF-MARKET
Other apartment buildings
Property ID
US53-0952929
4,464 SF 0.55 ac lot Built 1961
Last sale Jul 2011 · $217,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A six-unit apartment building located at 2406 Spring Garden St., configured as multiple two-bedroom, one-bathroom residences. The property features a roof replacement completed in 2020 and is heated and cooled using two mini-split HVAC systems, with the ability to add additional mini-split units as apartments are turned over. The building is situated in the UNCG submarket, within walking distance of campus, and the existing unit layout may support conversion to a student-housing model, subject to applicable zoning and regulatory requirements.

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?
$5k
Tax billed · 2023
Assessed value$405k
Assessed land$190k
Assessed improvement$215k
Effective rate1.24%

Value estimate

· Oct 2026
$380k
$342k – $418k
AI approach$380k
CAP approach$575k
Submarket $/SF estimate$432k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$262/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$129 – $351

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?
RM-18
The RM-18, Residential Multi family district is primarily intended to accommodatemulti familyand other residential uses
General categoryRESIDENTIAL
JurisdictionGUILFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.9
Dental Office13.5
Realty agency11.2

Location

2406 Spg Gdn St Greensboro, NC 27403-2691
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1100 Hicks, Greensboro, NC 27403-2585 $270,000 Feb 2024 6,576 SF
211 Mciver, Greensboro, NC 27403-2616 $776,000 Nov 2023 5,462 SF
406 Mendenhall, Greensboro, NC 27403-2513 $450,000 May 2023 3,976 SF
115 Mendenhall, Greensboro, NC 27403-1883 $187,000 Apr 2021 6,200 SF
1018 Dillard, Greensboro, NC 27403-3073 $275,000 May 2019 4,368 SF
2727 Spg Gdn, Greensboro, NC 27403-2683 $959,000 Feb 2019 5,376 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2406 Spg Gdn St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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
Why this one?
Saved
Reason not saved — we won't ask again