1350 Tolar DrGreensboro, NC 27406

  • Other commercial real estate
  • 3,364 SF
For Sale
$699,000 View listing

Property Details for 1350 Tolar Dr

Year built
1992
Construction
FRAME
Lot size
1.02 AC
Property size (Sq ft)
3,364 SF
Zone code
C-M
Property type
Other commercial real estate
APN
49385
APU
49385

Description

This exceptional Greensboro shopping center presents a compelling investment opportunity. Located at 1350 Tolar Dr, Greensboro, NC 27406, this 5,184 square foot property sits on a 1.02-acre lot and offers 84 dedicated parking spaces, ensuring ample convenience for customers. Built in 1992, the all-brick building is zoned C-M, providing flexibility for a variety of retail uses. Its strategic location within Greensboro city limits and proximity to the I-85 Business Loop guarantees high visibility and accessibility. The property features a spacious interior and a generous outdoor patio, ideal for creating a vibrant and engaging retail environment. A large billboard provides excellent signage opportunities for increased brand awareness. The asking price is $699,000, translating to $134.84 per square foot. This property represents a rare chance to acquire a well-situated, established retail center with significant potential for growth and return on investment. The ample parking and prominent location make this an attractive option for a wide range of businesses. Don't miss this chance to secure a thriving commercial property in a dynamic Greensboro market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $422,444
    Hospitality
    $386,956
    Educational
    $321,943
    Medical
    $333,015
    Retail
    $500,800
1350 Tolar Dr, Greensboro, North Carolina

Location Insight

City
Greensboro
County
Guilford
State
North Carolina
Latitude
36.0212
Longitude
-79.8231
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
$2,951
$78,000
$132,300
$210,300
-
$78,000
$132,300
$210,300

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