Investment at 508-512 Martin Luther King Jr Drive, Greensboro NC 27406, Greensboro
Investment at 508-512 Martin Luther King Jr Drive, Greensboro NC 27406, Greensboro, photo 2 of 10
Investment at 508-512 Martin Luther King Jr Drive, Greensboro NC 27406, Greensboro, photo 3 of 10
Investment at 508-512 Martin Luther King Jr Drive, Greensboro NC 27406, Greensboro, photo 4 of 10
Investment at 508-512 Martin Luther King Jr Drive, Greensboro NC 27406, Greensboro, photo 5 of 10
Investment at 508-512 Martin Luther King Jr Drive, Greensboro NC 27406, Greensboro, photo 6 of 10
Investment at 508-512 Martin Luther King Jr Drive, Greensboro NC 27406, Greensboro, photo 7 of 10
Investment at 508-512 Martin Luther King Jr Drive, Greensboro NC 27406, Greensboro, photo 8 of 10
Investment at 508-512 Martin Luther King Jr Drive, Greensboro NC 27406, Greensboro, photo 9 of 10
Investment at 508-512 Martin Luther King Jr Drive, Greensboro NC 27406, Greensboro, photo 10 of 10
10 photos

$640,000

508-512 Martin Luther King Jr Drive, Greensboro NC 27406
Greensboro, NC 27406
Listed by Sara Clark
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1968

About this home

Excellent Potential for Business/Investment within close proximity to Downtown & Redevelopment Area - Combination of 2 Parcels (#0001273 & #0001274) for a total of .80 AC. Call Office for additional information.

Property details

MLS #
1215137
Property type
Investment
Subdivision
N/A
Status
Active
Days on market
171
On market date
April 7, 2026
Stories
1
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Gillespie Park Elementary
1.05 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
220
Student:teacher ratio
14.7:1
District
Guilford County Schools
Middle
Kiser Middle
2.44 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
978
Student:teacher ratio
16.9:1
District
Guilford County Schools
High
Academy at Smith
3.94 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
196
Student:teacher ratio
9.3:1
District
Guilford County Schools

Walkability

Blended score for Greensboro's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

45
Somewhat walkable
out of 100
EPA National Walkability Index
9.0 / 20 -- Below average walkable

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,004/mo
$128,000 down
$512,000 loan
Principal & interest$3,321
Property tax (est.)$533
Home insurance (est.)$150

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Data source: Listing information provided by Triad MLS via Trestle/CoreLogic. Last updated 14 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.