Expansive Acreage within an Opportunity Zone 1100 S Elm St

Accessibly situated heavy industrial district zoned land uniquely expanded across four parcels totaling 4.2 acres in Greensboro, North Carolina. 1100 S Elm Street presents a blank slate opportunity for a developer or investor to acquire this excellently zoned acreage located right outside of the city center. Heavy industrial district zoning beneficially accommodates a wide range of agricultural uses, assembling, fabricating, and manufacturing activities. Permitted uses include automobile repair and rental services, commercial parking, car washes, go-cart raceways, stadiums, churches, government offices, post offices, heavy and light equipment rentals, athletic fields, sports instructional schools, agricultural production of crops, horticultural specialties, veterinary services, kennels or pet grooming services, and more. Development standard uses comprise shelters, junk motor vehicles, satellite dishes/TV and radio antennae towers, swimming pools, golf driving ranges, batting cages, riding stables, public parks, and agricultural production of livestock.

1100 S Elm Street boasts optimal positioning three minutes south of Downtown Greensboro, five minutes from the Interstate 40 and US Route 29 highway interchange, and eight minutes from the Interstate 73 and 85 junction. This asset offers premier convenience as it is also situated one mile from the Galyon Transportation Center, which features speedy Amtrak train station services via the Carolinian, Crescent, and Piedmont trains.

The acreage benefits from its location within Greensboro, home to the reputable North Carolina Agricultural and Technical State University, which is less than a 2-mile commute north. This city features a highly educated workforce where 39.9% of residents obtain a bachelor's degree or higher surpassing the nation at 35%.

1100 S Elm Street serves as premium acreage in an Opportunity Zone within the Greensboro industrial market which has seen increasing market rents at 4.6% over the past year, above the national average. A new owner can acquire these desirable parcels with flexible zoning and bring a dynamic business to the growing and sought-after corridor.