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3119 Battleground Ave Greensboro, NC 27408-2631

OFF-MARKET Commercial real estate Google Maps
1,960 SF 0.13 ac lot Built 1954
Entity Owned 16-yr Hold Free & Clear
Estimated value (blended)
$305k
Range $275k – $336k (±10%)
Property ID US53-1407433

Property summary

AI-generated overview

This exceptional 1.49-acre lot, located at 3119 Battleground Avenue in Greensboro, North Carolina (zip code 27408), presents a unique opportunity for a quick-service restaurant (QSR). Situated in Guilford County, this single-tenant retail property boasts a prime location on a major retail and restaurant corridor, ensuring high visibility and accessibility for potential customers. The property's size offers ample space for building construction and potential future expansion. The address is easily accessible from Battleground Avenue, a busy thoroughfare with significant daily traffic volume. This makes it an ideal location for a business seeking high foot traffic and convenient access for customers. The 1.49-acre lot provides flexibility in design and layout, allowing for a customized building to meet specific operational needs. This is a rare opportunity to establish a thriving QSR business in a high-demand area of Greensboro. The property's location within a well-established commercial district ensures a strong customer base and significant potential for growth. Serious inquiries are encouraged to explore this exceptional investment opportunity. The property is zoned for commercial use and is ready for immediate development.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1954
Construction FRAME
Total area 1,960 SF
Lot 0.13 ac (5,663 SF)
Zoning code C-M
APN 36469
UPID US53-1407433

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Renovation Specialist General Contractor
  • (Bike/Boat/Book/etc) Store Pharmacy

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2010
2 recorded transactions
2010
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

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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