Financial
Distress signals
Property profile

2609 Gate City Blvd Greensboro, NC 27403

OFF-MARKET
Other commercial real estate
Property ID
US53-1724769
2,210 SF 0.6 ac lot Built 1967
Last sale Mar 2025 · $250,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A vacant conventional restaurant building located at 2609 W Gate City Blvd in Greensboro, North Carolina. The building has a documented history of restaurant use, including operation by a Mexican restaurant and Pizza Hut prior to the property becoming vacant.

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.

Mortgages

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?
$6k
Tax billed · 2023
Assessed value$410k
Assessed land$259k
Assessed improvement$151k
Effective rate1.40%

Value estimate

· Sep 2026
$275k
$248k – $303k
AI approach$255k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$154/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$111 – $228
Qualifying comparables10

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?
C-M
The C-M, Commercial Medium district is primarily intended to accommodate a wide range of retail, service,officeand multi family residenti...
General categoryMIXED_USE
JurisdictionGUILFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office21.2
Realty agency18.6
Law Firm14.4

Location

2609 Gate City Blvd Greensboro, NC 27403-3143
County assessor Recorded deeds · 3 transfers 10 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2519 Gate City, Greensboro, NC 27403-3141 $600,000 Apr 2025 2,970 SF
2809 Gate City, Greensboro, NC 27403-3147 $1,200,000 Apr 2024 1,562 SF
2613 Gate City, Greensboro, NC 27403-3143 $475,000 Apr 2023 2,040 SF
3004 Gate City, Greensboro, NC 27403 $1,450,000 Mar 2022 1,940 SF
1713 Spg Gdn, Greensboro, NC 27403-2741 $355,500 Mar 2022 2,775 SF
2434 Florida, Greensboro, NC 27403-3132 $165,000 Dec 2020 2,700 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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