Property profile

11651 Main St Archdale, NC 27263

OFF-MARKET
Strip malls
Property ID
US53-3859909
9,879 SF 5.49 ac lot Built 1987
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Archdale Commons, a prime retail strip center in Highpoint, offers two immediately available suites totaling 3,087 square feet within a larger 24,214 square foot complex. Situated on a 5.49-acre lot with excellent visibility and convenient access from Main Street, this property boasts a vibrant retail environment. The center features a diverse mix of businesses, including a Papa John's, ensuring consistent foot traffic. Both suites are fully built-out, providing turnkey solutions for prospective tenants. Suite T offers 1,757 square feet at a monthly rent of $2,450, while Suite R comprises 1,330 square feet at $1,845 per month. Ample parking is available with 120 spaces, ensuring customer convenience. The property consists of two single-story buildings, offering flexible leasing options to accommodate various business needs. Its central location and proximity to other popular amenities attract shoppers from neighboring areas, creating a thriving retail destination. The property currently has 4,000 square feet of vacant space.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Total area 9,879 SF
Lot 5.49 ac (239,144 SF)
Zoning code B1
APN 7718097977
UPID US53-3859909

Cap rate & NOI

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

Location

11651 Main St Archdale, NC 27263-3267
Archdale metro Census 31602 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2023
Last sale
$25,000
2 recorded transactions
2023
$25,000
2016
$1.0M

Zoning & alternative use

B1 · Archdale, NC

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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