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1308 Hamilton Pl High Point, NC 27262

OFF-MARKET Land Google Maps
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional commercial land investment opportunity in High Point, North Carolina, presents two parcels totaling an attractive price point of $50,000. Located within the desirable Core City area, this property offers significant potential for various development projects. The parcels, identified as 1409 Johnson (parcel ID 189379) and 1308 Hamilton Place (parcel ID 189356), are situated in the Oak Hollow general watershed. The combined acreage is not specified, but the zoning designation is TO with the city of High Point. This zoning allows for a range of potential uses, including single-family residential (SFR), some multi-family residential options, and professional office space. Further details on permitted uses and development guidelines can be found on the buildhighpoint website. This is a rare chance to acquire land in a prime location with diverse development possibilities. The property's strategic location within Core City ensures easy access to local amenities and infrastructure, making it an ideal investment for both experienced developers and those seeking a promising entry point into the High Point real estate market. Serious inquiries are encouraged to explore the full potential of this unique offering.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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