Property profile

3030 Gate City Blvd Greensboro, NC 27403

OFF-MARKET
Commercial real estate
Property ID
US53-5658512
109,802 SF 4.53 ac lot Built 1972
Entity Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1972
Total area 109,802 SF
Lot 4.53 ac (197,327 SF)
Zoning code C-M
APN 54219
UPID US53-5658512

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3030 Gate City Blvd Greensboro, NC 27403-3652
Greensboro metro Census 11602 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$19.37M
Comparable Approach Comparable
$25.03M
Blend (final) Blend
$20.73M

Owner & transaction history

since 2007
5 recorded transactions
2018
Price N/A
2007
$22.5M
2005
$2.9M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-M · Greensboro, NC
Zoning description

The C-M, Commercial Medium district is primarily intended to accommodate a wide range of retail, service,officeand multi family residential uses in amixed useenvironment. The district is typically located along thoroughf…

General category MIXED_USE
Top alternative use upside
Apartment house (5+ units) $28.8M +70.5%
Retail stores $25.3M +50.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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