Property profile

5000 High Pt Rd Greensboro, NC 27407

OFF-MARKET
Retail space
Property ID
US53-0966293
14,706 SF 3.84 ac lot Built 1988
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Hunt Village, located at 5000 High Point Rd in Greensboro, NC, offers prime executive office space within a vibrant retail center. This 33,275 square foot building, constructed in 1988, sits on a 3.84-acre lot and boasts a convenient location, just 2.5 miles from Interstate 40 and easily accessible via the newly renovated Gate City Blvd/I-73 interchange. The property is zoned SC and features ample parking with 258 spaces. Currently, there are two available suites ranging from 2,000 to 2,399 contiguous square feet, out of a total of 4,399 square feet of vacant space. The minimum divisible space is 2,000 square feet. Hunt Village enjoys a strong tenant mix, including retailers, restaurants, and service providers, creating a thriving commercial environment. Its proximity to Sedgefield Country Club, home of the PGA Tour Wyndham Championship, adds to its desirability. The property's APN is 7842096233, and it's situated in Guilford County, zip code 27407. This presents a unique opportunity for businesses seeking high-visibility office space in a well-established and convenient location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1988
Total area 14,706 SF
Lot 3.84 ac (167,270 SF)
Zoning code AG
APN 139970
UPID US53-0966293

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5000 High Pt Rd Greensboro, NC 27407
Greensboro metro Census 16502 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.56M
Comparable Approach Comparable
$1.98M
Blend (final) Blend
$2.82M

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2022
$4.6M
2018
$2.9M
2018
Price N/A
2017
Price N/A
2008
$2.0M
2007
Price N/A

Zoning & alternative use

AG · Greensboro, NC
Zoning description

The AG, Agricultural District is primarily intended to accommodate uses of an agricultural nature including farm residences and farm tenant housing. It also accommodates scattered non farm residences on large tracts of l…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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