Auto Repair Facility with Drive-In
3002 W English Road, High Point, NC 27262
For Sale
Contact for pricing
Paint facilities and compressed air support a range of repair work.
Property Size5,500 SF
Lot Size0.53 Acres
Price / SF$113.64
Days on Market11
Property Features for 3002 W English Road
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Traffic Count
Road Access
Automotive
Service Bays
Automotive Uses
Tenancy & Operations
Currently Operating
Real Estate Included
Amenities
interior paint booth
paint mixing room
compressed air
Building Details
Buildings
Listing Agency:
NAI Piedmont Triad
Listed By:
Gerald Stathakis · License NC #145220
(864) 314-0597
Source:
Crexi
Added: Oct 30
Changed: Nov 8
Last Checked: Nov 8 at 5:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Piedmont Triad
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Investment Insights
Based on property information with market context.
At 3002 W English Road in High Point, this auto repair property offers approximately 5,500 square feet on 0.53 acres. The facility has three drive-in bays, an interior paint booth, a separate paint mixing room, and compressed air throughout.
English Road carries over 14,000 vehicles per day, providing a measurable traffic context for the site.
English Road carries over 14,000 vehicles per day, providing a measurable traffic context for the site.
Key Highlights
- Approximately 5,500 SF building on 0.53 acres
- Three drive‑in bays
- Interior paint booth and separate paint mixing room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,239
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,024,780
$1.0M
Cap Rate 7%
$731,986
$732.0K
Cap Rate 9%
$569,322
$569.3K
Market Conditions
NOI Build-Up for 5,500 SF
Gross rent
$78.5K $14.28/SF
− Vacancy
−$5.3K −$0.97/SF
EGI
$73.2K $13.31/SF
− OpEx
−$22.0K −$3.99/SF
NOI
$51.2K $9.32/SF
Area
High Point, NC
Vacancy
6.80%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,024,780
Cap Rate 7%
$731,986
Cap Rate 9%
$569,322
Alternative Uses
Best Use
Retail
$960.3K
$840.3K – $1.12M
NOI $67,221 @ 7.0% cap · market cap 10.76%
Second Best
Industrial
$732.0K
$640.5K – $854.0K
NOI $51,239 @ 7.0% cap · market cap 8.20%
Theoretical Best
Office A
$1.42M
$1.24M – $1.65M
NOI $99,220 @ 7.0% cap · market cap 15.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Service bays
14,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
251
Businesses Nearby
499
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Public Storage
Shops & Services
499 visits/mo
0.3 miles
Demographics for 27262, NC
25,253
Population
10,246
Households
2.5
Avg Household Size
37
Median Age
37%
College-Educated
86%
High-School Grad
13.2 sq mi
ZIP Area
1,913
Density / Sq Mi
$64,395
Median Household Income
$34,113
Median Earnings
$1,054
Median Rent
$212,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- BJ’s Mobile Camper Repair — 1490 National Hwy, Thomasville, NC 27360
- Elite Customs & Auto Sales LLC — 202 Northview St, High Point, NC 27260
- Friendly Transmission Service Inc — 106 Northview St, High Point, NC 27260
- JLM DIESEL TRUCK SERVICE LLC — 206 Westview Pl, High Point, NC 27260
- Fas-Glas Glass & Mirror — 3022 W English Rd, High Point, NC 27262
Frequently Asked Questions
What type of property is this?
Auto shop - Paint facilities and compressed air support a range of repair work.
Where is this auto shop located?
The property is located at 3002 W English Road High Point, NC.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Approximately 5,500 SF building on 0.53 acres; Three drive‑in bays; Interior paint booth and separate paint mixing room
