N Elm St & Corporate Center Blvd

Land: Multi-Family

N Elm St, GreensboroNC 27408

Property Details

Location

Address
N Elm St, GreensboroNC 27408
County
Guilford
Submarket
NC - Inner Loop NW
Cross Street
Corporate Center Blvd

Building Size

Building Size

Building Details

Type
 Land: Multi-Family
Number of Buildings
Occupancy Type
Percent Occupied
Building Class
Floors
Year Built
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
14.67 Acres
Land (SF)
639,201 SF
Zoning
R-5, RM-18, O
Lot Depth
Lot Width

Contacts

Current Listings

N Elm St

14.9 Acres
NAI Piedmont Triad

The seller is seeking a qualified and experienced buyer/developer who will create a master plan for the Property. Such master plan will ultimately enhance surrounding properties and the local community. During the selection process, additional value will be placed on development concepts that focus on environmental sustainability.

The Property is one of the last remaining high profile office/mixed use residential parcels in the City of Greensboro. The 14.9 acre tract is located at the intersection of North Elm Street and Corporate Center Boulevard at a signalized intersection. The site is adjacent to the 180,000 square foot office of VF Corporation to the south, the Kaiser Roth headquarters building and Primrose Day School to the west, and single family rental properties to the north of Spicewood Drive. Further west is New Irving Park, one of Greensboro’s most prominent single family developments. Office

development, a retirement home and a mixture of older apartments and single family residences are located east of the site across N Elm Street.

The site consists of two platted lots accessed off North Pointe Court (3.52

acres and 4.63 acres zoned O) and an adjacent 6.75 acre parcel zoned RM-18 and R-5 residential that extends north to Spicewood Drive. The property is bisected by a walking trail easement in favor of the North Pointe Association, which also owns the parcel to the east side of the platted lots

fronting on North Elm Street. The platted lots are part of the North Pointe Center Association, with a current restricted use of office, engineering and research and development. The 6.75 acre tract is not encumbered by an association or deed restrictions.

• One of the last, large infill tracks in the City of Greensboro

• Proximity and distance to the new I-840

interchange, scheduled for completion in Spring 2023

• Size and shape as well as the existing condition of the property lends itself to multiple types of development uses (Office, Multifamily or Retail/Mixed Use Development)

• Signalization of the southeast corner of the property

• Location is central to Downtown Greensboro, highway access, health resource centers and large scale amenities (such as North Elm Village)

• North Elm Street is a major north/south arterial moving people from downtown Greensboro to the northern suburbs

• Recent economic development announcements in Greensboro include Toyota Battery Plant and Boom Supersonic

NAI Piedmont Triad

The seller is seeking a qualified and experienced buyer/developer who will create a master plan for the Property. Such master plan will ultimately enhance surrounding properties and the local community. During the selection process, additional value will be placed on development concepts that focus on environmental sustainability.

The Property is one of the last remaining high profile office/mixed use residential parcels in the City of Greensboro. The 14.9 acre tract is located at the intersection of North Elm Street and Corporate Center Boulevard at a signalized intersection. The site is adjacent to the 180,000 square foot office of VF Corporation to the south, the Kaiser Roth headquarters building and Primrose Day School to the west, and single family rental properties to the north of Spicewood Drive. Further west is New Irving Park, one of Greensboro’s most prominent single family developments. Office

development, a retirement home and a mixture of older apartments and single family residences are located east of the site across N Elm Street.

The site consists of two platted lots accessed off North Pointe Court (3.52

acres and 4.63 acres zoned O) and an adjacent 6.75 acre parcel zoned RM-18 and R-5 residential that extends north to Spicewood Drive. The property is bisected by a walking trail easement in favor of the North Pointe Association, which also owns the parcel to the east side of the platted lots

fronting on North Elm Street. The platted lots are part of the North Pointe Center Association, with a current restricted use of office, engineering and research and development. The 6.75 acre tract is not encumbered by an association or deed restrictions.

• One of the last, large infill tracks in the City of Greensboro

• Proximity and distance to the new I-840

interchange, scheduled for completion in Spring 2023

• Size and shape as well as the existing condition of the property lends itself to multiple types of development uses (Office, Multifamily or Retail/Mixed Use Development)

• Signalization of the southeast corner of the property

• Location is central to Downtown Greensboro, highway access, health resource centers and large scale amenities (such as North Elm Village)

• North Elm Street is a major north/south arterial moving people from downtown Greensboro to the northern suburbs

• Recent economic development announcements in Greensboro include Toyota Battery Plant and Boom Supersonic

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

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