Property profile

1011 Main St High Point, NC 27262

OFF-MARKET
Apartment buildings
Property ID
US53-0646753
12,650 SF 0.44 ac lot Built 1930
Entity Owned 3-yr Hold
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1930
Construction FRAME
Total area 12,650 SF
Lot 0.44 ac (19,166 SF)
Zoning code GB
APN 188649
UPID US53-0646753

Cap rate & NOI

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

Location

1011 Main St High Point, NC 27262-3113
High Point metro Census 13700 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$850k
CAP Approach CAP
by Request
Comparable Approach Comparable
$520k
Blend (final) Blend
$790k

Owner & transaction history

since 2022
Last sale
$850,000
4 recorded transactions
2022
Price N/A
2022
$850,000
2017
$485,000
2016
$215,000

Zoning & alternative use

GB · High Point, NC
Zoning description

The GB district is established to accommodate a wide range of general retail, business, and service uses that serve groups of neighborhoods

General category COMMERCIAL

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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