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3200 W Friendly Ave Greensboro, NC 27408
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3200 W Friendly Ave Greensboro, NC 27408


  • Retail space
  • 95,282 SF
  • 15.30 lot acres
3200 W Friendly Ave, Greensboro, NC 27408 For Lease
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3200 W Friendly Ave, Greensboro, NC 27408

Retail property available for lease in Greensboro, North Carolina.

3200 W Friendly Ave, Greensboro, NC 27408
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Property ID
US53-5589881
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Sears / Department Store
  • Sears Appliance Repair / Home Appliance Store
  • Bruce Wagoner Christmas Trees / Christmas Tree Farm
  • Sears Hearing Center / Hearing Aid Store

Property Details for 3200 W Friendly Ave

Year built
1973
Lot size
15.30 lot acres
Property size
95,282 SF
Zone code
C
Property type
Retail space
APN
20432
APU
20432

Description

This exceptional retail opportunity presents a substantial 147,766 square foot single-tenant building, formerly a Sears, situated on a sprawling 126-acre lot. Located at 3200 W Friendly Ave in Greensboro, North Carolina, zip code 27408, this property offers unparalleled visibility and accessibility within Guilford County. The entire building is currently vacant, presenting a blank canvas for a wide range of retail concepts. The expansive footprint allows for significant customization and adaptation to suit a variety of business needs. The property's substantial lot size provides ample parking and potential for future expansion or development. This is a rare chance to acquire a significant retail space in a prime Greensboro location. The property's size and location make it ideal for large-format retailers, distribution centers, or other businesses requiring substantial space. The address is easily accessible from major roadways, ensuring high traffic volume and excellent visibility. This is a unique opportunity to establish a strong presence in a thriving market. The property is classified as a strip center and is available for lease. The property's size and location offer significant potential for a variety of retail uses. Serious inquiries only.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $17,950,000
    6.5%
    $16,570,000
    7%
    $15,385,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $14,506,000
    Market price range: $4.38M - $14.5M
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $21,955,000
    Current use

Get a detailed, property-specific estimation — fast and free


Location Insight

  • Map
  • Local Demand
City
Greensboro
County
Guilford
State
North Carolina
Longitude
-79.8339
Latitude
36.0859
CBSA code
24660
CBSA name
GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$264,834
$10,197,000
$8,679,300
$18,876,300
-
$10,197,000
$8,679,300
$18,876,300
View Listing
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