NOT LISTED FOR SALE

2309 Fleming Rd Greensboro, NC 27410

Estimated Value: $1,558,034

-- Bed
6 Baths
8,771 Sq Ft
$178/Sq Ft Est. Value

Last Sold March 19, 2015

Last sale price $871,000 $99 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $9,266/month

66 Days on Market

About This Home

As of March 2015

Ideally situated strip center for future growth in airport area, Very close proximity to PTI airport, HondaJet, and FedEx Mid-Atlantic sorting hub.Offered at an 8.33% cap rate on actual 2014 financials. Solid tenant mix with 53% of all space leased to credit tenants. Vacant space is opportunity for value add and in cold dark shell state.Discount available if purchased concurrently with 2311 Fleming Road, see broker for details.Full offering memorandum available upon receipt of attached confidentiality agr

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,969

Year Built

  • Built in 2008

Lot Details

  • 1.09

Additional Features

  • 1-Story Property
  • Property is zoned CU-GB

Community Details

  • No Home Owners Association
  • 8,771 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 0096263

Property Details

Property Type

Other

Est. Annual Taxes

$12,969

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Sub Type: Investment
  • Prop. Type: Commercial
  • Business Type: Retail
  • Directions: W Bryan Blvd; N Fleming
  • Building Stories: 1
  • Year Built: 2008
  • Special Features: None
  • Stories: 1

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0096263
  • Zoning: CU-GB

Tax Info

  • Tax Annual Amount: 12968.92
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
Capn Fund Llc
Bought by
Abu Realty Llc
Current Estimated Value
$1,558,034

Purchase Details

Listed on
Jan 11, 2015
Closed on
Mar 19, 2015
Sold by
Cenn Investments Inc
Bought by
Capn Fund Llc
List Price
$1,050,000
Sold Price
$871,000
Premium/Discount to List
-$179,000
-17.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$955,000
Interest Rate
3.69%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 27, 2014
Sold by
Fleming Road Llc
Bought by
Venn Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.23%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 5, 2009
Bought by
Fleming Road Llc

Purchase Details

Closed on
Jul 1, 2008
Bought by
Unknown Owner

Purchase Details

Closed on
Jun 27, 2007
Bought by
Fleming Road Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Abu Realty Llc $1,500,000 None Listed On Document
Abu Realty Llc $1,500,000 None Listed On Document
Capn Fund Llc $1,085,000 None Available
Venn Investments Inc $900,000 None Available
Fleming Road Llc $425,000 --
Unknown Owner -- --
Fleming Road Llc $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Capn Fund Llc $955,000
Previous Owner Venn Investments Inc $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2015 03/19/15 Sold $871,000 -17.0% $99 / Sq Ft
02/17/2015 02/17/15 Pending -- -- --
01/11/2015 01/11/15 For Sale $1,050,000 -- $120 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,337 $950,600 $300,500 $650,100
2024 $13,337 $950,600 $300,500 $650,100
2023 $13,337 $950,600 $300,500 $650,100
2022 $12,957 $950,600 $300,500 $650,100
2021 $12,771 $916,800 $304,100 $612,700
2020 $12,771 $916,800 $304,100 $612,700
2019 $12,771 $916,800 $0 $0
2018 $12,405 $916,800 $0 $0
2017 $12,496 $916,800 $0 $0
2016 $12,801 $924,700 $0 $0
2015 $12,876 $924,700 $0 $0
2014 $12,969 $924,700 $0 $0
Source: Public Records

Map

Source: Triad MLS

MLS Number: 727941

Triad MLS

APN: 0096263

North Carolina Guilford County Greensboro 27410

2309 Fleming Rd, Greensboro, NC

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