2420 Battleground AveGreensboro, NC 27408

  • Other commercial real estate
  • 4,000 SF
For Sale

Property Details for 2420 Battleground Ave

Year built
1972
Lot size
0.45 AC
Property size (Sq ft)
4,000 SF
Zone code
C-M
Property type
Other commercial real estate
APN
35207
APU
35207

Description

This exceptional 8,000 square foot retail property, situated on a 0.44-acre lot at 2420 Battleground Avenue in Greensboro, North Carolina, presents a unique investment or development opportunity. The single-story building, constructed in 1972 and renovated in 1982, boasts a prime location on a major Greensboro retail thoroughfare, ensuring high visibility and accessibility. Currently vacant, this property offers flexibility for a variety of uses, ideally suited for QSR/Fast Food or as part of a shopping center, as indicated by its Commercial Medium zoning. The building's 8,000 square feet provide ample space for a wide range of retail concepts. The lease type is NNN, meaning the tenant is responsible for property taxes, insurance, and maintenance. The property is zoned for commercial medium use and offers great visibility with full access. This is a single-tenancy building with zero years remaining on the lease, making it an ideal blank canvas for a new business or redevelopment project. The property's location within Guilford County, zip code 27408, places it in a high-traffic area surrounded by established retailers, promising strong potential for success. This is a rare opportunity to acquire a well-positioned retail space in a thriving Greensboro market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $502,311
    Hospitality
    $460,114
    Educational
    $382,810
    Medical
    $395,975
    Retail
    $595,482
2420 Battleground Ave, Greensboro, North Carolina

Location Insight

City
Greensboro
County
Guilford
State
North Carolina
Latitude
36.1043
Longitude
-79.8248
CBSA code
24660
CBSA name
GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,049
$430,700
$131,600
$562,300
-
$430,700
$131,600
$562,300

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