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Property profile & analytics
OFF-MARKET
Estimated value
$5,325,000
Hotels
135 Main St, High Point, NC 27260-5205
Entity Owned
1-yr Hold
Free & Clear
Property ID
US53-0922618
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1983
Construction
FRAME
Total area
181,395 SF
Lot
1.51 ac (65,776 SF)
Zoning code
CB
APN
171406
UPID
US53-0922618
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
Current use
Occupant on record · Public records
-
Red Lion Hotel High Point Hotel & Motel
-
Phillips Collection Showroom at High Point Market Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.29M
CAP Approach
CAP
$5.73M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.33M
Owner & transaction history
Hdda High Point LLC · 1 yrs held
Hdda High Point LLC
since 2025
Last sale
$5.1M
7 recorded transactions
Zoning & alternative use
CB · High Point, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs High Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs High Point submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$5,510,000
ML approach
$5,285,000
CAP Approach
CAP Return
Estimation
6%
$6,205,000
6.5%
$5,725,000
7%
$5,315,000
Blend value · Realmo final
$5.33M
Range $4.79M – $5.86M · ±10% · vs last sale $5.05M (May 28 2025)
Last sale anchor
$5.05M
May 28 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$29 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$70,410
Tax year 2023
Assessed value
$5,223,300
Assessed 2023
Previous assessed
$5,223,300
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$2,171,900
Assessed improvement
$3,051,400
Land market value
$2,171,900
Improvement market value
$3,051,400
Total market value
$5,223,300
Applied tax rate
25.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1983
Construction
FRAME
Heating
HOT WATER
Cooling
AC.PACKAGE
Stories
3
Units
249
Rooms
31
Bathrooms
249
Total area
181,395 SF
Lot
1.51 ac (65,776 SF)
Zoning code
CB
APN
171406
UPID
US53-0922618
Jurisdiction
GUILFORD
Zoning & alternative use
CB · High Point, NC
Zoning CB · permitted uses
CB · High Point, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
High Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Units
249
Rooms
31
Bathrooms
249
Lot
1.51 ac
Current owner
From public records · entity-resolved
Hdda High Point LLC
Entity
Free & Clear · 1 yrs held
Mailing address
280 PARK AVE FL #5, NEW YORK, NY 10017-1220
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2025
$5,050,000
Hdda High Point LLC
High Point Gl Owner LLC
Special Warranty Deed
—
Aug 2, 2022
$5,000
High Point Gl Owner LLC
High Point Land LLC
Quit Claim Deed
related
$79,560,000 · Axos Bank
Jan 21, 2021
—
Hdda High Point LLC
—
Deed
related
$5,783,489 · Hdda LLC
Aug 8, 2017
—
High Point Land LLC
Inner Circle High Point LLC
Quit Claim Deed
$62,465 · Natixis R/e Cap
Jul 23, 2012
—
Inner Circle High Point LLC
Westpost High Point LLC
Quit Claim Deed
related
$2,175,000 · Img Note I LLC
Jul 23, 2012
$3,500,000
Inner Circle High Point LLC
Westpost High Point LLC
Grant Deed
—
Jul 13, 2011
—
Westport High Point LLC
—
Deed Of Trust
related
$50,000,000 · Bank Of America
Oct 4, 2006
—
Braveheart High Point LLC
Boykin Hotel Properties LP
Grant Deed
—
—
—
Inner Circle High Point LLC
—
Deed Of Trust
related
$3,275,000 · Img Note I LLC
—
—
Inner Circle High Point LLC
—
Deed Of Trust
related
$1,000 · Access Point Financial INC
—
—
Inner Circle High Point LLC
—
Deed Of Trust
related
$5,500,000 · Access Pt Fin'l INC
—
—
Hdda High Point LLC
—
Deed Of Trust
related
$5,783,489 · Hdda LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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