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    307 Sunset Dr High Point, NC 27262

    Sponsored
    For Sale
    $115,000

    0.64 Acres R-5 Zoned Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land offering in High Point, North Carolina presents a unique investment opportunity. Comprising a total of four parcels, the main offering encompasses approximately 0.64 acres zoned R-5, providing significant development potential. The property is conveniently located at 307-309 Sunset Drive, 27262, in Guilford County. The combined parcels offer flexibility for various commercial ventures, given the R-5 zoning designation. The individual parcels are identified by APN numbers: 6890974617; 6890972694; and 68909736. An additional, smaller parcel of approximately 0.08 acres zoned OI is also available. This presents a chance to acquire a strategically located site with the potential for immediate development or future appreciation. The asking price for the main 0.64-acre parcel is $115,000, translating to a price per acre of $179,687.50. The property's location offers easy access to key transportation routes and local amenities. The seller is open to offers on the individual parcels or the entire assemblage. This is an ideal opportunity for developers, investors, or businesses seeking a prime location in a thriving area. Detailed zoning information and survey data are available upon request. Don't miss this chance to secure a valuable piece of High Point real estate.

    Property Features for 307 Sunset Dr

    General Information

    Property type
    Land
    Lot Size
    27,878 SF

    HighLights

    • $115,000 asking price for a commercial land parcel.
    • 0.64‑acre lot located in High Point, NC.
    • R‑5 zoning.
    • APN: 6890974617; 6890972694; 68909736.
    • Land value: $179,687.50/acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    High Point
    County
    Guilford
    State
    North Carolina
    Longitude
    -80.0160035
    Latitude
    35.9649587

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    FAQs

    What type of property is this?
    Land - 0.64 Acres R-5 Zoned Land
    Where is this land located?
    The property is located at 307 Sunset Dr High Point, NC.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: $115,000 asking price for a commercial land parcel.; 0.64-acre lot located in High Point, NC.; R-5 zoning.
    (336) 887-3600
    Request Owner's contact information
    307 Sunset Dr High Point, NC 27262
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    High Point, NC 27262
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    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
    307 Sunset Dr High Point, NC 27262
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