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4105 Corbin Rd Greensboro, NC 27405

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4.25 ac lot
Individually Owned 8-yr Hold
No photos on file
For Sale
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4105 Corbin Rd, Greensboro, NC 27405
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Estimated value
No estimation on file for this property yet.
Property ID US53-1922254

Property summary

AI-generated overview

This exceptional 4.25-acre commercial land parcel presents a remarkable redevelopment opportunity in Northeast Greensboro, North Carolina. Strategically located on Corbin Road, the property boasts unparalleled visibility and accessibility from Highway 29, situated conveniently within the Greensboro Urban Loop (I-840). Zoned HB (Highway Business), this site is ideally suited for a variety of commercial ventures, including convenience stores, automotive services, self-storage facilities, or other retail-oriented businesses. The property benefits from an average daily traffic count of 53,000 vehicles (based on 2022 data), ensuring high exposure and potential customer reach. Its prime location offers easy access to Greensboro's city center (less than 15 minutes away) and proximity to the Virginia state line (approximately 45 minutes). Further enhancing its appeal, the lot features readily available municipal water and sewer access, simplifying development and operational logistics. The asking price for this exceptional property is $600,000. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a thriving area of Greensboro. Don't miss out on this chance to capitalize on the significant growth potential of this prime location.

Property profile

Verified
Property type Land
Lot 4.25 ac (185,130 SF)
UPID US53-1922254

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

since 2017
2 recorded transactions
2023
Price N/A
2017
Price N/A

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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