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3316 Beck St Greensboro, NC 27405

Land Google Maps
1.73 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US53-1944199

Property summary

AI-generated overview

This exceptional 1.73-acre commercial land parcel, located at 3316 Beck Street in Greensboro, North Carolina (27405), presents a compelling multi-family development opportunity. The property is zoned RM-18, providing flexibility for various residential projects. City water and sewer services are readily available, simplifying infrastructure needs. The site enjoys a strategic location, boasting convenient access to E. Market Street, a major thoroughfare with a high daily traffic volume of approximately 11,000 vehicles. This ensures excellent visibility and accessibility for future residents. The lot size is approximately 1.73 acres, with the possibility of acquiring an additional 0.47-acre parcel (sold separately). For qualified buyers, the owner is willing to offer financing options with an acceptable down payment. This presents a unique chance to acquire a well-situated development site in a thriving Greensboro neighborhood. The property's zoning and location make it an ideal investment for those seeking to capitalize on the growing demand for multi-family housing in the area. Detailed site plans and further information are available upon request.

Property profile

Verified
Property type Land
Lot 1.73 ac (75,359 SF)
UPID US53-1944199

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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