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Financial
Distress signals
Property profile

1701 Westchester Dr High Point, NC 27262

FOR LEASE
Retail space
Property ID
US53-1707027
128,658 SF 11 ac lot Built 1969
Last sale Oct 2024 · $4,420,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an interior, mall-based commercial unit that was previously used by a church. It is configured as a flexible space that can support office or retail uses depending on the occupier’s needs. The unit is situated within the mall near other tenant businesses, including a coffee shop, DMV, and a credit union, as well as RHA and additional mall tenants. As an interior mall location, it is accessed through the mall’s established operations and is positioned within the building’s secure, controlled environment.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$191k
Tax billed · 2024
Assessed value$14.08M
Assessed land$1.51M
Assessed improvement$12.57M
Effective rate1.36%

Value estimate

· Oct 2026
$4.42M
$3.98M – $4.86M
AI approach$4.42M
NOI build-up
Gross scheduled income$37k
Vacancy & credit loss−$1k
Operating expenses−$11k
NOI · 258,851.28% cap applied$25k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$147/SF
Submarket average, outlier-cleaned · 66 recorded sales of this use type
Observed band · Q1–Q3$62 – $255

Cap rate analysis

How does the asset earn?
258,851.28%
$25k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PD-P
The PD-P district is established and intended to encourage the use of innovative and creative design to provide a mix of different reside...
General categoryPLANNED_DEVELOPMENT
JurisdictionGUILFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.7
Building Supply16.2
Restaurant15.0

Location

1701 Westchester Dr High Point, NC 27262
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1703 Westchester, High Point, NC 27262-7008 $5,517,000 Oct 2024 175,004 SF
906 Mall Loop, High Point, NC 27262-7654 $2,575,000 Oct 2023 25,920 SF
1585 University, High Point, NC 27262-7613 $15,637,000 May 2023 46,966 SF
1107 Lexington, High Point, NC 27262-3335 $10,899,500 Apr 2023 31,086 SF
225 Elm, High Point, NC 27262-4934 $3,850,000 Jul 2020 29,467 SF
400 English, High Point, NC 27262-4814 $7,600,000 Jul 2019 95,808 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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