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Property profile & analytics
FOR SALE
Retail space
3405 Lewiston Rd D, Greensboro, NC 27410
Entity Owned
3-yr Hold
Free & Clear
Property ID
US53-2285335
For Sale
1 / 6
$1,565,000
3405 Lewiston Rd,Unit D, Greensboro, NC 27410
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Property summary
AI-generated overview
This exceptional retail property, located at 3405 Lewiston Road Unit B in Greensboro, NC, presents a unique leasing opportunity. Situated in a vibrant area surrounded by residential communities, this location boasts excellent visibility and accessibility for customers. The property features a prominent Dollar General as the primary occupant, ensuring a consistent flow of foot traffic and a strong anchor tenant for the space. The lease terms are highly attractive, making this an ideal investment for businesses seeking a thriving retail environment. While the exact square footage isn't specified, the property's strategic placement within a densely populated residential area guarantees a substantial customer base. This is an excellent chance to establish or expand a retail presence in a high-demand location. The property is available for lease only
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Construction
FRAME
Total area
17,500 SF
Lot
2.69 ac (117,176 SF)
Zoning code
CU-LB
APN
96189
UPID
US53-2285335
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Unique Busy Kids High School Daycare Center
-
Dollar General Discount Store
-
Western Union Bank Credit Union
-
Bethel Wonderland Daycare Center Foster Care Service
-
Hands & Needles Alternative Medicine Practice Acupuncture
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.95M
Blend (final)
Blend
$1.57M
Owner & transaction history
Department Of Transportation · 3 yrs held
Department Of Transportation
since 2022
2 recorded transactions
Zoning & alternative use
CU-LB · Greensboro, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Greensboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greensboro submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.57M
Range $1.41M – $1.72M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$89 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$23,008
Tax year 2023
Assessed value
$1,639,900
Assessed 2023
Previous assessed
$1,639,900
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$613,800
Assessed improvement
$1,026,100
Land market value
$613,800
Improvement market value
$1,026,100
Total market value
$1,639,900
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
2008
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Bathrooms
5
Total area
17,500 SF
Lot
2.69 ac (117,176 SF)
Zoning code
CU-LB
APN
96189
UPID
US53-2285335
Jurisdiction
GUILFORD
Zoning & alternative use
CU-LB · Greensboro, NC
Zoning CU-LB · permitted uses
CU-LB · Greensboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greensboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Bathrooms
5
Lot
2.69 ac
Current owner
From public records · entity-resolved
Department Of Transportation
Entity
Free & Clear · 3 yrs held
Mailing address
3405 LEWISTON RD, GREENSBORO, NC 27410-9826
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2022
$61,500
Department Of Transportation
Dreit LLC
Deed
—
Dec 14, 2018
$1,300,000
Dreit LLC
Columbia Holdings LLC
Special Warranty Deed
$650,000 · American National Bank & Trust Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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