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Property profile & analytics
OFF-MARKET
Wedding venues

9622 Us-311 High Point, NC 27263

23 ac lot Built 2018
Property ID
Property summary
AI-generated overview

This exceptional 23-acre property in High Point, North Carolina, presents a unique investment opportunity. The centerpiece is a stunning 8,500-square-foot, three-story home boasting a two-story living room, two kitchens, multiple dining areas, expansive decks, balconies, and a patio. Beyond the main residence, the property includes a charming barn, a wedding chapel, and several outdoor areas ideal for events and celebrations. Three additional rental homes generate supplemental income, complementing the existing event venue revenue stream. Further enhancing the property's versatility is a functional cattle/hay barn and a pond. Built in 2018, this mixed-use property features a total of 19,304 square feet of space, served by public water and a septic system. Located at 9622 US-311 in Randolph County, NC, zip code 27263, this property offers endless potential as a family retreat, thriving farm, or lucrative event venue. The asking price is $5,900,000. This is a rare opportunity to acquire a turnkey operation with significant income potential and diverse uses.

Property profile
Verified
Property type Wedding venues
Year built 2018
Lot 23 ac (1,001,880 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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