2400 Kings Mill RdGreensboro, NC 27407

Property Details for 2400 Kings Mill Rd

Lot size

0.43 AC

Zone code

CD-SC

Property type

Healthcare properties

Property subtype

Assisted living facilities

APN

226451

APU

226451

Description

This exceptional 0.43-acre commercial lot in Greensboro, North Carolina, presents a remarkable investment opportunity. Located at 2400 Kings Mill Rd, in Guilford County (zip code 27407), this property boasts maximum visibility due to its prime corner location on a busy crossroads, ensuring high traffic exposure. The lot is fully cleared and prepared for immediate development, saving you valuable time and resources. City utilities are conveniently accessible at the roadside. Zoned CD, this land allows for a wide range of commercial uses, providing flexibility for various business ventures. The asking price is $99,000, translating to $51,600 per acre, reflecting the significant value and potential of this strategic location. With its exceptional visibility, convenient access, and versatile zoning, this property is ideal for businesses seeking a high-impact presence in a thriving area. The APN is 0226451. Don't miss this chance to acquire a truly exceptional commercial property in a bustling Greensboro location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,008,773

  6.5%

  $1,854,252

  7%

  $1,721,805

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,734,218

  Geo Method

  $4,944,441

• Alternative Use

  Use

  Valuation

  Residential

  $2,352,197

  Hospitality

  $2,154,600

  Educational

  $1,792,602

  Medical

  $1,854,252

  Retail

  $2,788,491

Location Insight

City

Greensboro

County

Guilford

State

North Carolina

Latitude

36.0258

Longitude

-79.8751

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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