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Property profile & analytics
OFF-MARKET
Estimated value
$5,855,000
Office Spaces
8203 Piedmont Triad Pkwy, Greensboro, NC 27409-9454
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US53-0076437
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1995
Total area
51,850 SF
Lot
5.4 ac (235,224 SF)
Zoning code
BP
APN
98329
UPID
US53-0076437
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
-
SIMCO Electronics - Calibration Lab - Greensboro Business To Business Service
-
Sentry Watch Security Service
-
Volvo Group Trucks Purchasing Corporate Office
-
Southeast Connections Corporate Office Business Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.54M
Blend (final)
Blend
$5.86M
Owner & transaction history
Adelphoi Investments LLC · 1 yrs held
Adelphoi Investments LLC
since 2025
Last sale
$5.3M
7 recorded transactions
Zoning & alternative use
BP · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,745,000
Current use
INDUSTRIAL (GENERAL)
$6,345,000
Change: -6% · Conversion: Moderate
Blend value · Realmo final
$5.86M
Range $5.27M – $6.44M · ±10% · vs last sale $5.25M (Mar 1 2025)
Last sale anchor
$5.25M
Mar 1 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
$113 / 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
$76,485
Tax year 2023
Assessed value
$5,451,500
Assessed 2023
Previous assessed
$5,451,500
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$653,400
Assessed improvement
$4,798,100
Land market value
$653,400
Improvement market value
$4,798,100
Total market value
$5,451,500
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1995
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Bathrooms
16
Total area
51,850 SF
Lot
5.4 ac (235,224 SF)
Zoning code
BP
APN
98329
UPID
US53-0076437
Jurisdiction
GUILFORD
Zoning & alternative use
BP · Greensboro, NC
Zoning BP · permitted uses
BP · 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
COMMERCIAL (GENERAL) Current
Est. value
$6.7M
INDUSTRIAL (GENERAL)
Est. value
$6.3M
COMMERCIAL (GENERAL) Current
INDUSTRIAL (GENERAL)
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
1995
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
16
Lot
5.4 ac
Current owner
From public records · entity-resolved
Adelphoi Investments LLC
Entity
Mailing address
435 S TRYON ST UNIT #604, CHARLOTTE, NC 28202-1907
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2025
$5,250,000
Adelphoi Investments LLC
Hara LLC
Special Warranty Deed
$3,750,000 · Triad Business Bank
Mar 25, 2024
—
Hara LLC
—
Deed
related
$1,593,334 · First Bank
Dec 12, 2019
—
The Melissaris Family LLC
—
Deed
related
$500,000 · First Bank
Sep 10, 2018
—
The Melissaris Family LLC
—
Deed
related
$1,500,000 · First Bank
Jul 6, 2018
$5,300,000
Melissaris Family LLC
Df Deep River LLC
Grant Deed
$1,446,185 · Df Deep River LLC
Jan 12, 2005
$5,460,000
Df Deep River LLC
Lh Deep River Associates LLC
Grant Deed
—
Dec 22, 2003
$4,500,000
Deep River Lh
Ckr/deep River L
Grant Deed
—
—
—
Deep River Del-taft LLC
—
Deed Of Trust
related
$3,720,000 · Archon Fin'l
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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