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5106 W Market St - 5106-5112 W. Market | Development Opportunity 2.22 Acres of Commercial Land Offered at $886,925 CAD in Greensboro, NC 27409
Investment Highlights
- Prime 2.96-acre parcel in a growing Greensboro submarket
- Public utilities nearby; future land use supports commercial
- Surrounded by retail, residential, and institutional anchors
- 600 feet of frontage on W. Market Street with 21,000 VPD
- ~¾ acre unaffected by floodplain/floodway constraints
Executive Summary
Property Facts
| Price | $886,925 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 2.22 AC |
| Property Type | Land | ||
| Zoning | RS-12 - Retail | ||
| Price | $886,925 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.22 AC |
| Zoning | RS-12 - Retail |
1 Lot Available
Lot
| Price | $886,925 CAD | Lot Size | 2.22 AC |
| Price Per AC | $399,515.78 CAD |
| Price | $886,925 CAD |
| Price Per AC | $399,515.78 CAD |
| Lot Size | 2.22 AC |
The Future Land Use Plan supports a variety of commercial applications. Approximately three-quarters of an acre is currently unaffected by floodplain or floodway constraints, with potential to expand the buildable area through site engineering.
Description
Positioned in the heart of a growing submarket, 5106–5112 W. Market Street offers one of the last remaining development opportunities along this high-visibility corridor in Greensboro, NC. Spanning 2.96 acres with an impressive 600 feet of frontage on West Market Street, the site benefits from daily traffic counts of approximately 21,000 vehicles, making it ideal for a wide range of commercial uses. The parcel sits within the path of progress, surrounded by established neighborhoods, retail anchors, and major thoroughfares. Public utilities are nearby, and while rezoning is required for commercial development, . This location offers direct access to key Greensboro destinations including Friendly Center, Guilford College, and major retail corridors. The surrounding area features strong demographics, with over 175,000 residents and 74,000 households within a 5-mile radius, and average household incomes exceeding $80,000. This combination of visibility, accessibility, and market density makes the site a compelling opportunity for developers seeking to capitalize on Greensboro’s continued growth.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $191,576 CAD | Total Assessment | $191,576 CAD |
Property Taxes
Presented by
5106 W Market St - 5106-5112 W. Market | Development Opportunity
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