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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Commercial real estate
1613 Main St High Point, NC 27262-2643
Entity Owned
Absentee Owner
Free & Clear
Property ID
US53-5522622
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1955
Construction
FRAME
Total area
4,000 SF
Lot
0.3 ac (13,068 SF)
Zoning code
GB
APN
188916
UPID
US53-5522622
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
-
Triad Martial Arts Family Training Center Training Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$665k
CAP Approach
CAP
$625k
Comparable Approach
Comparable
$607k
Blend (final)
Blend
$620k
Owner & transaction history
Mfsa Investments INC
Mfsa Investments INC
since 2026
Last sale
$625,000
5 recorded transactions
Zoning & alternative use
GB · High Point, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The GB district is established to accommodate a wide range of general retail, business, and service uses that serve groups of neighborhoods
Zone name
General Business
General category
COMMERCIAL
Zone area
919.28 ac
Source
Realmo
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
$680,000
ML approach
$665,000
CAP Approach
CAP Return
Estimation
6%
$675,000
6.5%
$625,000
7%
$580,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$630,000
Current use
RETAIL STORES
$585,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $625k (Jan 28 2026)
Last sale anchor
$625k
Jan 28 2026
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
$155 / 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
$5,782
Tax year 2023
Assessed value
$428,900
Assessed 2023
Previous assessed
$428,900
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$264,000
Assessed improvement
$164,900
Land market value
$264,000
Improvement market value
$164,900
Total market value
$428,900
Applied tax rate
2.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1955
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
1
Bathrooms
2
Total area
4,000 SF
Lot
0.3 ac (13,068 SF)
Zoning code
GB
APN
188916
UPID
US53-5522622
Jurisdiction
GUILFORD
Zoning & alternative use
GB · High Point, NCZoning GB · permitted uses
GB · High Point, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The GB district is established to accommodate a wide range of general retail, business, and service uses that serve groups of neighborhoods
Zone name
General Business
General category
COMMERCIAL
Zone area
919.28 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$630,000
RETAIL STORES
Est. value
$585,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1955
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
2
Lot
0.3 ac
Current owner
From public records · entity-resolved
Mfsa Investments INC
Entity
Free & Clear · 0 yrs held
Mailing address
662 SONOMA LN, HIGH POINT, NC 27265-1384
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2026
$625,000
Mfsa Investments INC
Carolina Properties Investment LLC
Warranty Deed
—
May 9, 2025
$625,000
Carolina Properties Investment LLC
K & H Property Holdings LLC
Warranty Deed
—
Oct 31, 2016
—
K & H Property Holdings LLC
—
Deed
related
—
Apr 5, 2012
$325,000
K & H Property Holdings LLC
Bass,robert E & Janie C
Warranty Deed
$284,750 · High Point Bk&tr
—
—
K & H Property Holdings LLC
—
Loan Modification
related
—
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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