Property profile

1016 Springfield Rd High Point, NC 27263

OFF-MARKET
Industrial properties
Property ID
US53-5542432
19,602 SF 1.35 ac lot Built 1971
Entity Owned 17-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1971
Construction FRAME
Total area 19,602 SF
Lot 1.35 ac (58,806 SF)
Zoning code LI
APN 179826
UPID US53-5542432

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store

Location

1016 Springfield Rd High Point, NC 27263-2158
High Point metro Census 14502 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2008
1 recorded transaction
2008
$300,000

Zoning & alternative use

LI · High Point, NC
Zoning description

The LI district is established to accommodate light manufacturing, assembly, fabrication, processing, distribution, storage, wholesales sales, research and development, and other industrial uses that are small scale

General category INDUSTRIAL

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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