709 Eagle RdGreensboro, NC 27407

  • Other commercial real estate
  • 5.62 AC
For Sale

Property Details for 709 Eagle Rd

Lot size
5.62 AC
Zone code
CU-CP
Property type
Other commercial real estate
APN
95721
APU
95721

Description

This exceptional 5.62-acre site presents a prime redevelopment opportunity in Greensboro, North Carolina. Ideally situated in the Landmark Center, at the intersection of West Wendover Avenue and Bridford Parkway, this property boasts 551 feet of frontage on Eagle Road and 551 feet on Landmark Center Boulevard. The site benefits from recently approved CD-RM-26 zoning, allowing for the construction of up to 144 dwelling units, making it perfect for a high-density multifamily development. Infrastructure is already in place, including off-site water detention and rough grading, streamlining the development process. The location offers unparalleled convenience, with easy access to I-73/US-421 and a high traffic count of 30,000 vehicles per day at the nearby intersection of Landmark Center Drive and West Wendover Avenue. This vibrant area is surrounded by a robust mix of retail establishments, including Home Depot, At Home, Hobby Lobby, Starbucks, Chick-fil-A, hotels, and a variety of restaurants, ensuring strong tenant demand. This is a rare opportunity to develop a thriving multifamily community in a highly desirable and established location. The property is located at 709 Eagle Rd, Greensboro, NC 27407.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $30,742,312
    Hospitality
    $28,159,792
    Educational
    $23,428,616
    Medical
    $24,234,362
    Retail
    $36,444,516
709 Eagle Rd, Greensboro, North Carolina

Location Insight

City
Greensboro
County
Guilford
State
North Carolina
Latitude
36.0477
Longitude
-79.8995
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
$3,516
$250,600
-
$250,600
-
$250,600
-
$250,600

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