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4003 Yanceyville St Greensboro, NC 27405

OFF-MARKET Land Google Maps
2.5 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US53-0224503

Property summary

AI-generated overview

This exceptional 2.75-acre property in Greensboro, North Carolina, presents a unique investment opportunity. Located at 4003 Yanceyville Street, in Guilford County, zip code 27405, this assemblage includes four income-producing single-family homes, offering immediate cash flow. The property is zoned R-5 and sits less than 0.3 miles south of the 840 interchange, a prime location in a rapidly growing area. The highest and best use is projected to be commercial, given the surrounding commercial development and high traffic volume. Potential commercial uses include daycare centers, medical facilities, office space, or hospitality ventures such as restaurants or hotels. This presents a chance to generate income from the existing rental portfolio while pursuing rezoning for a higher-value commercial development. The property's strategic location along a major commuter route makes it an attractive investment for long-term growth and potential significant return on investment. Any rezoning would require adherence to local zoning regulations and municipal approvals. This is a rare opportunity to acquire a multi-faceted property with immediate income and substantial future upside. The asking price is $1,150,000.

Property profile

Verified
Property type Land
Lot 2.5 ac (108,900 SF)
UPID US53-0224503

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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