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4523 Wendover Ave Greensboro, NC 27409

OFF-MARKET Land Google Maps
11.87 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US53-0922712

Property summary

AI-generated overview

This exceptional 11.87-acre commercial land parcel is strategically located at 4523 W Wendover Ave in Greensboro, North Carolina, zip code 27409. Currently zoned RS-40 in Guilford County, this property presents a significant opportunity for developers and investors. Its prime location within a bustling retail corridor ensures high visibility and accessibility. The site benefits from substantial foot and vehicle traffic generated by the surrounding concentration of established retail stores, restaurants, and service businesses. This translates to a strong potential customer base for any commercial venture. The property's proximity to major highways and thoroughfares provides excellent connectivity, enhancing its appeal to a wide range of businesses. The location also offers the advantage of being near residential neighborhoods, guaranteeing a consistent flow of potential customers. Given its size and location, this property is ideally suited for a variety of commercial uses, including retail establishments or mixed-use developments, subject to any necessary rezoning. The high-traffic location on a major road offers exceptional roadside visibility, making it an attractive proposition for businesses seeking maximum exposure. The asking price for this remarkable opportunity is $3,145,550.

Property profile

Verified
Property type Land
Lot 11.87 ac (517,057 SF)
UPID US53-0922712

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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