Property profile

5700 Drake Rd Greensboro, NC 27406

OFF-MARKET
Schools
Property ID
US53-1058718
142,510 SF 56.96 ac lot Built 1970
Entity Owned Free & Clear
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Property profile

Verified
Property type Schools
Use group COLLEGE, UNIVERSITY, VOC SCHOOL
Year built 1970
Total area 142,510 SF
Lot 56.96 ac (2,481,178 SF)
Zoning code PI
APN 145071
UPID US53-1058718

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
  • High School
  • High School
  • Gym & Fitness Center

Location

5700 Drake Rd Greensboro, NC 27406-8824
Greensboro metro Census 16702 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$840k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.78M
Blend (final) Blend
$1.31M

Owner & transaction history

Zoning & alternative use

PI · Greensboro, NC
Zoning description

The PI, Public and Institutional district is intended to accommodate mid and large sized (over 5 acres) public, quasi public, and institutionaluseswhich have a substantial land use impact or traffic generation potential.…

General category CIVIC_INSTITUTIONAL

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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