505 Pisgah Church Rd

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505 Pisgah Church Rd

Greensboro, NC 27455
Asking Price
$2.13M
Asset Type
Retail
Class
Class B

What's Special

505 Pisgah Church Road is situated in North Greensboro, positioned within a high-traffic commercial corridor near the intersection of North Elm Street. The neighborhood is characterized by a blend of established residential communities and dense retail activity. The site offers immediate proximity to major shopping centers, dining establishments, and professional services. Regional transportation access is provided via nearby Battleground Avenue and the urban loop (I-840), facilitating connections to the broader Piedmont Triad area. The property is suited for general retail, specialty boutique, or service-oriented commercial use. Its location in a well-populated submarket makes it a viable choice for tenants such as insurance agencies, wellness studios, or local retailers seeking visibility in a stable trade area. The typical tenant profile includes small to medium-sized businesses aiming to capture local consumer traffic from the surrounding suburban population and nearby professional hubs.

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NOI
$80,000
Cap Rate
3.76%
DSCR
0.63
Underwater
Cash-on-Cash
-7.26%
Monthly Payment
$10,533.13
Annual Cash Flow
$-46,397.565

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