Alpha Bravo Properties presents a residential opportunity positioned in a high-access Greensboro submarket within the Triad.
The property sits minutes from the Four Seasons retail corridor and the Greensboro Coliseum Complex, one of the region’s primary event venues, driving consistent year-round traffic. Immediate access to I-40 provides easy connectivity to major employment areas and Piedmont Triad International Airport.
The area has strong nearby retail, restaurants, and everyday services. That convenience supports steady rental demand and makes future resale straightforward.
SPECS
- Bedrooms: 2
- Bathrooms: 1
- Sqft: 904 (Seller says it’s 1,000 sq ft due to the big living room)
- Lot Size: 0.37 acres
- Year Built: 1953
- Utilities: City water & sewer
- No HOA
MARKET SNAPSHOT
3804 Simmons Ct, Greensboro, NC 27407
- 3bd 1ba 925 sq ft Lot Size: 0.3 acres Year Built: 1963
- Sold for 208K in July 2025
2505 Fontaine Rd, Greensboro, NC 27407
- 3bd 1ba 1,102 sq ft Lot Size: 0.2 acres Year Built: 1961
- Sold for 205K in October 2025
3503 Osborne Rd, Greensboro, NC 27407
- 2bd 1ba 1,090 sq ft Lot Size: 0.4 acres Year Built: 1947
- Sold for 160K in March 2025
NEW CONSTRUCTION
2325 Pinecroft Rd, Greensboro, NC 27407
- 3bd 2ba 1,567 sq ft Lot Size: 0.48 acres Year Built: 2024
- Sold for 328K in May 2025
Recommended Exit Strategy:
Rezone to R-5, subdivide into two buildable lots, and tear down the existing structure to allow for new construction, maximizing the property’s development potential.
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Development Potential: With approximately 0.39 acres (~17,000 sq ft), the parcel may support two lots around the 7,000 sq ft range if rezoning is approved and the subdivision layout meets frontage and setback requirements.
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Build Opportunity: Each resulting lot could accommodate a standard single-family home, such as a 3-bedroom, 2-bath layout, or potentially a larger home depending on the final setbacks, lot dimensions, and building footprint.
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Profit Optimization: Building two new homes instead of renovating the existing structure allows for significantly higher value creation, especially given nearby newer developments and continued buyer demand for modern homes in the area.
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Buyer Demand: New construction homes in this market typically attract strong retail interest, and well-designed 3/2 or larger homes on newly created lots can position the project competitively within the neighborhood.
CALL OR TEXT
MARY (704) 869-2795
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DISCLAIMER: This company holds a direct contract with the Seller. Any attempt to contact the Seller directly will result in legal action. The property is being sold as-is, with the Buyer responsible for standard closing costs and escrow fees for both buyer and seller. No written or oral representations are made regarding the property. A non-refundable $2,500 earnest money deposit (EMD) is required within 1 business day of ratification. Buyers are encouraged to conduct their own due diligence. This company and its members or employees make no guarantees about the property’s condition, value, characteristics, or financial benefits. This is an assignment of contract, secured by a legally binding purchase agreement with the Seller, granting this company exclusive rights to purchase the property. Serious offers only.