4003 Yanceyville StGreensboro, NC 27405
- Other commercial real estate
- 2.50 AC
Property Details for 4003 Yanceyville St
- Lot size
- 2.50 AC
- Property type
- Other commercial real estate
- Property subtype
- Multifamily properties
Description
This exceptional 2.75-acre property in Greensboro, North Carolina, presents a unique investment opportunity. Located at 4003 Yanceyville Street, in Guilford County, zip code 27405, this assemblage includes four income-producing single-family homes, offering immediate cash flow. The property is zoned R-5 and sits less than 0.3 miles south of the 840 interchange, a prime location in a rapidly growing area. The highest and best use is projected to be commercial, given the surrounding commercial development and high traffic volume. Potential commercial uses include daycare centers, medical facilities, office space, or hospitality ventures such as restaurants or hotels. This presents a chance to generate income from the existing rental portfolio while pursuing rezoning for a higher-value commercial development. The property's strategic location along a major commuter route makes it an attractive investment for long-term growth and potential significant return on investment. Any rezoning would require adherence to local zoning regulations and municipal approvals. This is a rare opportunity to acquire a multi-faceted property with immediate income and substantial future upside. The asking price is $1,150,000.
Location Insight
- City
- Greensboro
- County
- Guilford
- State
- North Carolina
- Latitude
- 36.1392
- Longitude
- -79.7763
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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