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3800 S Elm Eugene St - 3800 S. Elm-Eugene St.

1.76 Acres of Commercial Land Offered at $774,400 in Greensboro, NC 27406

Investment Highlights

  • Development Opportunity perfect for retail, bank, medical, office or restaurant!
  • 1.76 Acres with existing curb cut and mostly clear in growing sothern area of Greensboro!

Executive Summary

Property Features:
• This 1.76 parcel of land is in the growing southern area of Greensboro near the I-85 interchange
• It is located directly on S. Elm-Eugene Street with an existing curb cut providing a full access intersection across from Vivian Lane with existing left turn lanes in both directions
• It is a stand alone parcel, not in a regulated development
• The area is a highly commercialized area with Walmart, Lowes Home Improvement, Cracker Barrell, a state employees credit union and numerous other fast-food restaurants and commercial businesses. A new Amazon facility is in the works just south of this property past the Tractor Supply
• There are 2 tracts making up the 1.76 acres. The larger tract is 3800 S. Elm Eugene (1.69 acres). It has not been annexed into the City; therefore it would require annexation and rezoning for any kind of commercial use. The smaller tract, 107 RER Old Treybrooke Dr (0.07 acres) is in the City limits and is zoned R-5. It too would require rezoning.

Property Facts

Price $774,400
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Bank
  • Medical
  • Restaurant
Total Lot Size 1.76 AC
Tenancy Single

1 Lot Available

Lot

Price $774,400
Price Per AC $440,000.00
Lot Size 1.76 AC

Stand alone, 1.76 acre parcel in growing area of S Greensboro near the I-85 interchange. Located on S. Elm-Eugene St w/an existing curb cut providing a full access intersection across from Vivian Ln with existing left turn lanes in both directions.

Description

Property Features: • This 1.76 parcel of land is in the growing southern area of Greensboro near the I-85 interchange. • 3800 S Elm Eugene St & 107 RER Old Treybrooke Dr (Guilford County Parcel Numbers 142610 & 93513) • Access is located directly on S. Elm-Eugene Street with an existing curb cut and with a full access intersection across from Vivian Lane with existing left turn lanes in both directions • It is a stand alone parcel, not in a regulated development • The area is a highly commercialized area with Walmart, Lowes Home Improvement, Cracker Barrell, a state employees credit union and numerous other fast-food restaurants and commercial businesses. A new Amazon facility is in the works just south of this property past the Tractor Supply • There are 2 tracts making up the 1.76 acres. The larger tract is 3800 S. Elm Eugene. It has not been annexed into the City; therefore it would require annexation and rezoning for any kind of commercial use. The smaller tract, 107 RER Old Treybrooke Dr (0.07 acres) is in the City limits and is zoned R-5; It too, would require rezoning. Potential Uses: • Stand alone retail building or small retail strip center • Bank (or similar use) • Medical Office (or other office use) • Restaurant without drive-thru The uses recommended above may be more favorable to the neighborhood directly behind the property. Any other uses, such as a service station or restaurant with a drive-thru should be vetted with the City of Greensboro prior to a potential buyer considering this property. Directions to Property: This property is a few blocks north of the interchange at I-85 and S. Elm-Eugene Street and is directly across from Vivian Lane.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0142610
Land Assessment
$208,200
Improvements Assessment
$0
Total Assessment
$208,200

zoning

Zoning Code RS30 & R-5
RS30 & R-5
  • Listing ID: 25462821

  • Date on Market: 4/13/2022

  • Last Updated:

  • Address: 3800 S Elm Eugene St, Greensboro, NC 27406

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