Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4024 Main St High Point, NC 27265

    Sponsored
    For Sale
    $3,300,000

    31 Acres, 392 Units Possible

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 31-acre parcel, located at 4024 N. Main St. in High Point, North Carolina (zip code 27265), presents a remarkable multifamily development opportunity. Currently zoned Residential Multi-16 (CZRM-16), the property is entitled for up to 392 multifamily units, offering significant potential for a substantial return on investment. The land boasts a gently sloping topography and excellent visibility, ensuring optimal site utilization and marketing appeal. Utilities are readily available, including municipal water and sewer, natural gas, and electricity, simplifying the development process. Its strategic location provides convenient access to major employers, retail centers, and other essential amenities, enhancing the desirability of the future development. The asking price for this prime piece of land is $3,300,000. This is a rare chance to acquire a large, well-located tract in a thriving North Carolina market, perfectly suited for a high-density residential project. The Forsyth County location offers further advantages for investors seeking a strong and growing area. Don't miss this chance to secure a significant land holding with exceptional development potential.

    Property Features for 4024 Main St

    General Information

    Property type
    Land
    Lot Size
    1,350,360 SF

    HighLights

    • 392‑unit multifamily zoning potential.
    • Full utilities available (water, sewer, gas, electric).
    • High visibility from major roadways.
    • Gentle slope, ideal for development.
    • Near major employers, retail, and amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    High Point
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.053431
    Latitude
    36.019744

    Nearby Similar for Sale

    • $215,000
      0.17 Acres

      Duplex Investment Opportunity in High Point

      Duplex in High Point, NC, generating $2,100 monthly rental income.
      112 Briggs Pl, High Point, NC 27262
      View Details
    • $450,000
      0.27 Acres

      New Duplex Near High Point

      New duplex near university and furniture market, great investment opportunity.
      711 Fairview St, High Point, NC 27260
      View Details
    • $6,250,000

      High Point Industrial Property For Sale

      175,000+/- SQ FT industrial property on 10.48 acres.
      1801 S University Pkwy, High Point, NC 27260
      View Details
    • $340,000

      Income-Generating Rooming House Opportunity

      High-Point, NC rooming house with immediate cash flow.
      1314 Franklin Ave, High Point, NC 27260
      View Details
    • $750,000

      Office For Sale High Point

      Office property available for sale in High Point, North Carolina.
      1400 Brentwood St, High Point, NC 27260
      View Details
    • New
      $149,900
      6.27 Acres

      Potential Mobile Home Park Land

      Land with water taps and septic permits, zoned for mobile homes.
      6496 Thompson Road Ext, High Point, NC 27263
      View Details
    • $199,000

      Renovated Pool and Activity Area

      Pool and activity area renovated in 2017 on 2.5+/- acres.
      1617 Shaver St, High Point, NC 27265
      View Details
    • $925,000
      11,500 SF

      Industrial Property with Crane

      Updated industrial property featuring crane, multiple drive-in doors, and expansion.
      2411 W English Rd, High Point, NC 27262
      View Details
    • $2,990,000
      34,646 SF

      High Point Warehouse and Distribution

      Well-maintained warehouse with dock doors and high ceilings.
      1920 W Green Dr, High Point, NC 27260
      View Details
    • Contact for pricing
      15,330 SF

      Industrial Building with I-40 Frontage

      14,000 SF industrial building with easy highway access.
      3016 Sandy Ridge Rd, High Point, NC 27265
      View Details
    • $300,000

      Retail Property in High Point

      Retail property previously used as a convenience store for sale.
      608 W Ward Ave, High Point, NC 27260
      View Details
    • $1,980,000
      12,044 SF

      Office and Warehouse Space Available

      12,044 SF office and warehouse space for sale.
      417-423 S Wrenn St, High Point, NC 27260
      View Details

    FAQs

    What type of property is this?
    Land - 31 Acres, 392 Units Possible
    Where is this land located?
    The property is located at 4024 Main St High Point, NC.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: 392-unit multifamily zoning potential.; Full utilities available (water, sewer, gas, electric).; High visibility from major roadways.
    Request Owner's contact information
    4024 Main St High Point, NC 27265
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4024 Main St
    High Point, NC 27265
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4024 Main St High Point, NC 27265
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.