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Property profile

946 S Chapman St Greensboro, NC 27403

FOR SALE
Commercial real estate
Property ID
US53-1665708
4,218 SF 0.25 ac lot Built 1950
Last sale Dec 2021 · $450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Greensboro, NC commercial property presents a compelling investment opportunity. Located at 946 S Chapman St, this single-tenancy auto shop boasts 4,218 square feet on a 0.25-acre lot. The building, constructed in 1950, features a 2,898 square foot conditioned warehouse and a 1,320 square foot office/showroom area, complete with two convenient drive-in doors. The property is situated in a prime location between Gate City Blvd and Spring Garden Rd, offering excellent proximity to I-40…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$158k
Assessed land$110k
Assessed improvement$48k
Effective rate3.79%

Value estimate

· Nov 2026
$495k
$446k – $545k
AI approach$540k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$2k
Operating expenses−$4k
NOI · 4.07% cap applied$24k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$154/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$111 – $228
Qualifying comparables5

Cap rate analysis

How does the asset earn?
4.07%
$24k 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?
C-M
The C-M, Commercial Medium district is primarily intended to accommodate a wide range of retail, service,officeand multi family residenti...
General categoryMIXED_USE
JurisdictionGUILFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency27.9
Law Firm24.8
Dental Office22.3

Location

946 S Chapman St Greensboro, NC 27403
County assessor Recorded deeds · 4 transfers 5 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1706 Spg Gdn, Greensboro, NC 27403-2742 $350,000 May 2025 3,331 SF
2607 Gate City, Greensboro, NC 27403-3143 $825,000 Sep 2023 5,026 SF
1820 Spg Gdn, Greensboro, NC 27403-2214 $665,000 Aug 2023 4,485 SF
1618 Spg Gdn, Greensboro, NC 27403-2439 $696,500 Aug 2023 5,000 SF
3015 Gate City, Greensboro, NC 27403-3637 $1,500,000 May 2023 5,330 SF
1912 Florida, Greensboro, NC 27403-3329 $167,000 Jul 2021 5,000 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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