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4212 Wendover Ave Greensboro, NC 27407-1909

OFF-MARKET Retail space Google Maps
41,356 SF 4.38 ac lot Built 1995
Entity Owned Free & Clear
Estimated value (blended)
$10.59M
Range $9.53M – $11.64M (±10%)
Property ID US53-2073998

Property summary

AI-generated overview

Wendover Ridge, a single-story retail center in Guilford County's Wendover Ave submarket, offers exceptional opportunities for businesses seeking high visibility and strong traffic counts. This 41,356 square foot property, built in 1996, sits on a 4.38-acre lot and boasts a prime location along West Wendover Avenue, just 0.15 miles from Interstate 40. The center benefits from an average daily traffic count of 50,500 vehicles (2021 data) and features prominent pylon signage. Two suites are available: Suite 200, a 24,012 square foot space divisible to approximately 8,000 square feet, and Suite 600, a 1,600 square foot space. The property is zoned CD-C-M (Conditional District Commercial-Medium) and has excellent access from both directions of West Wendover Avenue, with additional access via Meadowood Street. The center enjoys a strategic location within a thriving retail corridor, shadow-anchored by a Costco Superstore and situated near numerous national retailers including Target, Walmart, Sam's Club, Dick's Sporting Goods, Home Depot, Lowe's, Sportsman's Warehouse, AMC Theatres, Best Buy, TJ Maxx, Petco, and Golf Galaxy. The property's APN is 7834715581. Minimum divisible space is 1,600 square feet, with a maximum contiguous space of 24,052 square feet. Currently, 25,652 square feet are vacant.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1995
Total area 41,356 SF
Lot 4.38 ac (190,793 SF)
Zoning code CU-HB
APN 55597
UPID US53-2073998

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Furniture & Home Goods
  • (Bike/Boat/Book/etc) Store Hardware & Home Improvement

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$10.01M
CAP Approach CAP
$7.19M
Comparable Approach Comparable
$12.65M
Blend (final) Blend
$10.59M

Owner & transaction history

since 2025
Last sale
$12.0M
6 recorded transactions
2025
Price N/A
2025
$12.0M
2020
$5.7M
2016
$5.7M
2014
$5.2M
2005
$81,000

Zoning & alternative use

CU-HB · Greensboro, NC

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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