4636 Market StGreensboro, NC 29407

Property Details for 4636 Market St

Year built

1996

Construction

FRAME

Lot size

0.83 AC

Property size (Sq ft)

2,284 SF

Zone code

C

Property type

Office properties

Property subtype

Other office properties

APN

41737

APU

41737

Description

This exceptional 2,320-square-foot retail property is ideally situated at 4636 W. Market Street in Greensboro, North Carolina, within Guilford County. The single-tenant building sits on a 0.833-acre lot and boasts a desirable Commercial High Density (CH) zoning classification. Constructed in 1996 and renovated in 2003, the property offers immediate occupancy with its entirely vacant space. Greensboro, the third most populous city in North Carolina, provides a robust market with a diverse population of 295,160 residents (2021 data). The city's strong economy is fueled by numerous major corporations, including prominent headquarters such as VF Corporation, Volvo Truck of North America, and others. Recent significant investments, such as Toyota's $1.29 billion battery plant and Boom Supersonic's $500 million manufacturing facility, further solidify Greensboro's economic growth and job creation. The area also benefits from a strong educational presence, including several universities and colleges. This prime location offers exceptional visibility and accessibility, making it an attractive opportunity for a variety of retail businesses. The property's size and zoning provide flexibility for a range of commercial uses. This is a rare opportunity to acquire a well-maintained, ready-to-occupy retail space in a thriving North Carolina market. The 27407 zip code offers convenient access to major transportation routes and a diverse customer base.

• CAP approach

  CAP return

  Valuation

  6%

  $250,582

  6.5%

  $231,306

  7%

  $214,784

• Comparable approach

  Method

  Valuation

  Relative Method

  $289,915

  Geo Method

  $524,269

• Alternative Use

  Use

  Valuation

  Residential

  $286,820

  Hospitality

  $262,725

  Educational

  $218,584

  Medical

  $226,102

  Retail

  $340,020

Location Insight

City

Greensboro

County

Guilford

State

North Carolina

Latitude

36.0704

Longitude

-79.8675

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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