Listing provided courtesy of NorthGroup Real EstateMLS# 1156831MLS Provider
  • 644 days on site
  • 2 views

Prime Development Opportunity – 1050 W Barton St, Greensboro, NC 27407** Introducing an exceptional investment opportunity in the heart of Greensboro. This rare 4-parcel offering spans a total of 2.84 acres and is already approved for the development of 24 multifamily units, each designed with 3 bedrooms and 2 bathrooms. This prime location offers developers and investors a streamlined path to break ground on a high-potential project. The site is zoned and ready for development, minimizing delays and accelerating your return on investment. 2.84 acres total, across 4 parcels - Approved for **24 multifamily units** with **3-bedroom, 2-bath layouts** - Excellent location in a thriving community - Strong demand for multifamily housing in Greensboro’s robust rental market Whether you’re an experienced developer or a savvy investor, this project presents the perfect opportunity to capitalize on Greensboro’s growing population and rental demand. Don’t miss out on this ready-to-develop site!

Source: Triad MLS, MLS#: 1156831

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  • Property Type
    Land
  • Lot
    2.84 acres

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Michael Ryden
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  • Median Age
    35
  • Population Density
    1,739
  • College Educated
    43%
  • Estimated Median Income
    $50,050
  • Estimated Total Home Owners
    10,180
  • Estimated Total Renters
    11,334
  • Owner / Renter Divide
    47% / 53%
  • Estimated Average Household Size
    2
  • Total Population
    53,237
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1050 W Barton Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/12/2025Source: Triad MLS Status Change
Pending
9/23/2024Source: Triad MLS Added to Database
September 23, 2024