4401 Wendover AveGreensboro, NC 27407

Property Details for 4401 Wendover Ave

Year built

2006

Construction

FRAME

Lot size

1.42 AC

Property size (Sq ft)

19,813 SF

Zone code

CU-HB

Property type

Commercial real estate

APN

74436

APU

74436

Description

This exceptional 19,813 square foot retail property, built in 2006, is located at 4401 W Wendover Ave in Greensboro, North Carolina, within Guilford County (zip code 27407). Currently, 2,427 square feet are available for lease in this single-tenant building. The property enjoys a highly visible corner location with direct access to I-40, providing unparalleled exposure to a large consumer base. This prime retail space benefits from its position within a thriving retail corridor, alongside established businesses such as T-Mobile, Geico, Cycle Gear, and New York Bride. The high traffic volume and prominent highway visibility ensure optimal accessibility and exposure for any business seeking a strong presence in this dynamic area. The property's strategic location offers significant advantages for businesses aiming to capitalize on the substantial foot and vehicle traffic in this established commercial zone. This is a rare opportunity to secure a well-situated retail space in a high-demand location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,463,550

  6.5%

  $2,274,040

  7%

  $2,111,610

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,514,920

  Geo Method

  $4,547,880

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $5,074,330

  Retail / Commercial

  $2,485,170

  Mixed-Use / Specialty

  $2,384,170

  Hospitality / Lodging

  $1,629,240

  Office

  $2,274,040

  Institutional / Educational

  $2,445,650

  Residential Income

  $2,861,410

  Multifamily

  $3,942,610

  Automotive / Energy

  $2,096,270

  Parking / Income-Based Land

  $814,427

  Restaurant / Food Service

  $1,043,390

  Healthcare / Senior Housing

  $2,539,410

Location Insight

City

Greensboro

County

Guilford

State

North Carolina

Latitude

36.0555

Longitude

-79.8932

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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