501 Teague St Greensboro, NC 27406-4313
This 600-square-foot retail space at 501 Teague Street in Greensboro, North Carolina, presents a unique investment opportunity. Built in 2002, the property sits on a 0.74-acre lot (APN: 7863219590) and is zoned for Highway Business use. Its highly visible corner location on Randleman Road offers excellent exposure to a large volume of traffic. The property benefits from exceptional access to I-40 and Business I-85, ensuring high visibility and convenient access for customers. Nearby businesses include well-known establishments such as Wendy's, Cook Out, Waffle House, and Home Depot, indicating a strong retail presence in the area. The property was previously used as a gas station and car wash, though deed restrictions apply. A substantial employment base in the immediate vicinity further enhances the property's potential. This location offers significant advantages for a variety of retail businesses seeking high visibility and convenient access to major transportation arteries. The property's size and location make it ideal for a range of commercial uses.
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The Wash Car Wash
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The Wash Car Wash & Detale Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-M · Greensboro, NCGreensboro. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.