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Property profile & analytics
OFF-MARKET
Estimated value
$12,375,000
Retail space
4653 Market St, Greensboro, NC 27407-1231
Entity Owned
~
Est. High Equity
Property ID
US53-0962951
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1963
Total area
75,810 SF
Lot
12.42 ac (541,015 SF)
Zoning code
C
APN
41869
UPID
US53-0962951
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
-
Primo Water Refill & Exchange Big Box & Wholesale Store
-
Food Lion Grocery & Convenience Store Food Market
-
Western Union Bank Credit Union
-
Coinstar Exchange Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.72M
CAP Approach
CAP
$13.18M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.38M
Owner & transaction history
West Market Sc Acquisition LLC
West Market Sc Acquisition LLC
since 2025
Last sale
$12.3M
7 recorded transactions
Zoning & alternative use
C · 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
$14,340,000
ML approach
$11,715,000
CAP Approach
CAP Return
Estimation
6%
$14,280,000
6.5%
$13,180,000
7%
$12,240,000
Alternative Use
Use
Estimation
RETAIL STORES
$17,470,000
Current use
Blend value · Realmo final
$12.38M
Range $11.14M – $13.61M · ±10% · vs last sale $12.30M (Aug 7 2025)
Last sale anchor
$12.30M
Aug 7 2025
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
$163 / 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
$135,851
Tax year 2023
Assessed value
$9,682,900
Assessed 2023
Previous assessed
$9,682,900
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$4,674,400
Assessed improvement
$5,008,500
Land market value
$4,674,400
Improvement market value
$5,008,500
Total market value
$9,682,900
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
Off-Market
Year built
1963
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
5
Stories
1
Rooms
2
Bathrooms
24
Total area
75,810 SF
Lot
12.42 ac (541,015 SF)
Zoning code
C
APN
41869
UPID
US53-0962951
Jurisdiction
GUILFORD
Zoning & alternative use
C · Greensboro, NC
Zoning C · permitted uses
C · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$17.5M
RETAIL STORES Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1963
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Rooms
2
Bathrooms
24
Lot
12.42 ac
Current owner
From public records · entity-resolved
West Market Sc Acquisition LLC
Entity
Mailing address
11010 LK GRV BLVD STE #100313, MORRISVILLE, NC 27560-7391
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2025
$12,300,000
West Market Sc Acquisition LLC
4637 West Market Shopping LLC
Special Warranty Deed
$7,687,500 · Protective Life Insurance Co
Sep 10, 2021
$9,100,000
Jz Ventures LLC
Woodmont West Market LLC
Special Warranty Deed
$7,575,000 · Wells Fargo Bank NA
Sep 10, 2021
—
4637 West Market Shopping LLC
Jz Ventures LLC
Special Warranty Deed
—
Jun 1, 2021
—
Woodmont West Market LLC
—
Deed
related
$3,222,000 · Fnbc Bank
Jan 25, 2021
$325,000
Khan Hotels & Hospitality LLC
Woodmont West Market LLC
Grant Deed
—
Mar 30, 2020
—
Woodmont West Market LLC
—
Deed
related
$500,000 · Fnbc Bank
Nov 7, 2019
—
Woodmont West Market LLC
—
Deed
related
$250,000 · Fnbc Bank
Sep 20, 2019
$3,100,000
Woodmont West Market LLC
U S Bank National Association
Special Warranty Deed
$2,287,809 · Fnbc Bank
Sep 13, 2018
$4,500,000
Us Bk NA Series 2007-ldp10 Tr
Wright Elizabeth|westmarket Associates 2006 L
Trustees Deed
related
—
Apr 11, 2011
$4,306
City Of Greensboro
Westmarket Associates 2006 LLC
Grant Deed
—
Dec 29, 2006
—
Westmarket Associates 2006 LLC
Coastal,equities
Grant Deed
related
—
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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