301 Elm StGreensboro, NC 27401

  • Office properties
  • 177,140 SF
For Lease

Property Details for 301 Elm St

Year built
1979
Construction
FRAME
Lot size
0.81 AC
Property size (Sq ft)
177,140 SF
Zone code
CB
Property type
Office properties
Property subtype
Other office properties
APN
785
APU
785

Description

This exceptional Class A office building, located at 301 North Elm Street in the heart of downtown Greensboro, North Carolina, offers 146,223 square feet of premium executive office space. The ten-story building is currently undergoing renovations, resulting in a renewed and modern appeal. Multiple tenancy options are available, with suites ranging from a minimum of 1,208 square feet to a maximum contiguous space of 16,787 square feet. A significant amount of space is currently vacant, totaling 67,672 square feet, presenting a unique opportunity for businesses seeking immediate occupancy. The building's strategic location in Guilford County, with easy access to Greensboro's vibrant city center, makes it an ideal location for businesses of all sizes. The property boasts a modern design and efficient layout, reflecting the high standards of The Simpson Organization, the building's owner. With 14 total suites available, this property offers flexibility and scalability to accommodate a variety of business needs. The building's impressive size and prime location make it a highly sought-after address in Greensboro's thriving business district. Contact us today to learn more about the available spaces and explore the possibilities of establishing your business in this prestigious location. The zip code is 27401.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $19,434,338
    6.5%
    $17,939,388
    7%
    $16,658,004
  • Comparable approach

    Method
    Valuation
    Relative Method
    $22,484,904
    Geo Method
    $40,660,716
  • Alternative Use

    Use
    Valuation
    Residential
    $22,244,842
    Hospitality
    $20,376,156
    Educational
    $16,952,722
    Medical
    $17,535,752
    Retail
    $26,370,902
301 Elm St, Greensboro, North Carolina

Location Insight

City
Greensboro
County
Guilford
State
North Carolina
Latitude
36.0755
Longitude
-79.7904
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
$253,691
$1,411,400
$25,733,600
$27,145,000
-
$1,411,400
$25,733,600
$27,145,000

FAQs

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