Property summary
This exceptional 14.96-acre land assemblage in Greensboro, North Carolina, presents a prime opportunity for residential development. Located at 2823 Randleman Road, in Guilford County, zip code 27406, this property is zoned CD-RM-12, permitting the construction of residential units. Approved construction drawings already exist for a 114-townhome development, streamlining the approval process and minimizing pre-construction delays. The site boasts convenient access to major transportation arteries, including I-40, I-73, and I-85, providing seamless connectivity throughout the greater Greensboro Metropolitan Statistical Area (MSA). Families will appreciate the property's proximity to highly-rated schools, situated within a two-mile radius: Vandalia Elementary School, Frazier Elementary School, and Allen Middle School. This location offers a blend of suburban tranquility and urban convenience, making it an ideal location for a thriving residential community. The property's size and zoning make it an attractive investment for developers seeking to capitalize on the growing demand for housing in the Greensboro area. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a fully entitled residential development site in a desirable location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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