200 Market StGreensboro, NC 27401

Property Details for 200 Market St

Year built

1892

Construction

FRAME

Lot size

0.11 AC

Property size (Sq ft)

13,450 SF

Zone code

CB

Property type

Office properties

Property subtype

Other office properties

APN

630

APU

630

Description

This exceptional 6.65-acre commercial land parcel presents a unique investment opportunity in the heart of downtown Greensboro, North Carolina. Located at 200 E Market St, this infill site is zoned Commercial (CB) and offers significant potential for redevelopment. The property boasts a total of 158,000+ square feet of existing improvements, providing a solid foundation for future projects. The asking price is $10,972,500, translating to $69.45 per square foot. The site's strategic location within an Opportunity Zone adds further investment appeal. The property consists of two parcels: 7864751828-000 (6.41 acres) and 7864753948-000 (0.24 acres), providing flexibility for development plans. With its substantial size, prime location, and favorable zoning, this property is perfectly positioned to capitalize on Greensboro's thriving commercial market. The property's address is 200 E Market St, Greensboro, NC 27401, situated in Guilford County. This is a rare opportunity to acquire a large, strategically located parcel in a dynamic urban environment. Don't miss this chance to secure a significant piece of Greensboro's future.

• CAP approach

  CAP return

  Valuation

  6%

  $1,475,623

  6.5%

  $1,362,114

  7%

  $1,264,820

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,707,248

  Geo Method

  $3,087,313

• Alternative Use

  Use

  Valuation

  Residential

  $1,689,021

  Hospitality

  $1,547,134

  Educational

  $1,287,197

  Medical

  $1,331,466

  Retail

  $2,002,307

Location Insight

City

Greensboro

County

Guilford

State

North Carolina

Latitude

36.0728

Longitude

-79.7917

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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