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Financial
Distress signals
Property profile

504 Houston St Greensboro, NC 27401

FOR LEASE
Other industrial properties
Property ID
US53-4988053
2,800 SF 0.26 ac lot Built 1964
Last sale Jul 2026 · $435,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a functional warehouse facility of approximately 3,600 square feet, configured on a fenced corner lot with outdoor space suitable for parking and/or laydown yard use. The main warehouse area is conditioned and includes a single loading dock, providing dedicated dock access for warehouse operations. The site is located in central Greensboro with convenient access to major thoroughfares, and it is within walking distance of UNCG and Tate Street.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$250k
Assessed land$102k
Assessed improvement$147k
Effective rate1.51%

Value estimate

· Oct 2026
$355k
$320k – $391k
AI approach$355k
NOI build-up
Gross scheduled income$26k
Vacancy & credit loss−$2k
Operating expenses−$4k
NOI · 172,400.00% cap applied$21k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$114/SF
Submarket average, outlier-cleaned · 300 recorded sales of this use type
Observed band · Q1–Q3$63 – $170
Qualifying comparables6

Cap rate analysis

How does the asset earn?
172,400.00%
$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LI
The LI, Light Industrial district is primarily intended to accommodate limited manufacturing, wholesaling, warehousing, research and deve...
General categoryINDUSTRIAL
JurisdictionGUILFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service10.6
Electrical Service10.5
Kitchen & Bath10.0

Location

504 Houston St Greensboro, NC 27401
County assessor Recorded deeds · 7 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2204 Market, Greensboro, NC 27401-6445 $189,000 Oct 2023 2,100 SF
506 Houston, Greensboro, NC 27401-2332 $325,000 Aug 2022 3,850 SF
508 Houston, Greensboro, NC 27401-2332 $125,000 Jun 2022 3,150 SF
530 Eugene, Greensboro, NC 27401-2793 $419,000 Oct 2021 4,754 SF
108 Lowdermilk, Greensboro, NC 27401-4433 $43,680 Jun 2021 3,762 SF
107 Lowdermilk, Greensboro, NC 27401-6408 $55,000 Mar 2021 1,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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