Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1830 Eastchester Dr High Point, NC 27265-1403

    • Office properties & Spaces
    • 6,454 SF
    • 1.36 lot acres
    OFF-MARKET
    Last Sale
    Dec 30, 2021
    Value Estimations
    $1,015,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-1949363
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • High Point Realtors Association / Vocational School / Training Center

    Property Details for 1830 Eastchester Dr

    Year built
    1997
    Lot size
    1.36 lot acres
    Property size
    6,454 SF
    Zone code
    CU-GO-M
    Property type
    Office properties & Spaces
    APN
    200126
    APU
    200126

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,090,000
      6.5%
      $1,005,000
      7%
      $935,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,171,000
      Market price range: $558k - $1.33M
      AI Estimate
      $870,000
      Market price range: $316k - $1.12M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $910,000
      Current use
      RETAIL STORES
      $945,000
      Change: +4% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    High Point
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.9865
    Latitude
    36.0074
    CBSA code
    24660
    CBSA name
    GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,537
    $170,000
    $908,400
    $1,078,400
    -
    $170,000
    $908,400
    $1,078,400

    Comparable in this City

    • Value Estimation by Request
      0.51 Acres

      1303 Deep Riv Rd

      OFFICE (GENERAL) • 0.51 Acres
      1303 Deep Riv Rd, High Point, NC 27265
      View Details
    • Value Estimation by Request
      660 SF

      2125 Eastchester Dr Ste, Unit 101

      OFFICE (GENERAL) • 660 SF
      2125 Eastchester Dr Ste, High Point, NC 27265-1664
      View Details
    • Value Estimation by Request
      786 SF

      2125 Eastchester Dr Ste, Unit 105

      OFFICE (GENERAL) • 786 SF
      2125 Eastchester Dr Ste, High Point, NC 27265-1664
      View Details
    • Value Estimation by Request
      1,344 SF

      2415 Penny Rd Ste, Unit 202

      OFFICE (GENERAL) • 1,344 SF
      2415 Penny Rd Ste, High Point, NC 27265-8123
      View Details
    • Value Estimation
      $2,975,000
      20,514 SF

      2401 Hickswood Rd

      OFFICE (GENERAL) • 20,514 SF
      2401 Hickswood Rd, High Point, NC 27265-1537
      View Details
    • Value Estimation by Request

      2209 Eastchester Dr

      Office properties & Spaces
      2209 Eastchester Dr, High Point, NC 27265
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      High Point Retail/Office Sites

      Prime Retail & Office Space in High Point, NC
      3921 Tinsley Dr, High Point, NC 27265
      View Details
    • Contact for pricing

      Class A Office Spaces Available

      Subdividable Class A office spaces for lease in High Point.
      1823 Eastchester Dr, High Point, NC 27265
      View Details
    • Contact for pricing

      Adaptable Commercial Building on Eastchester Drive

      Versatile 16,200 SF building suitable for various commercial uses.
      1114 Eastchester Dr, High Point, NC 27265
      View Details
    • Contact for pricing

      Class A Office Spaces

      Subdividable Class A office spaces for lease in High Point.
      1823 Eastchester Dr, High Point, NC 27265
      View Details
    • $995,000

      High Point Investment Opportunity

      Two parcels with existing lease and development potential.
      2380-2384 Hickswood Rd, High Point, NC 27265
      View Details
    • $450,000

      High-Visibility Commercial Lot For Sale

      Premium commercial site with flexible zoning in a growing area.
      3300 Main St N, High Point, NC 27265
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      19,200 SF

      High Point Executive Office Suites

      Modern Office Space, Flexible Sizes Available
      4045 Premier Dr, High Point, NC 27265
      View Details
    • Contact for pricing
      8,741 SF

      Mendenhall Oaks Office Building

      One-story office building with easy highway and airport access.
      4194 Mendenhall Oaks Pkwy, High Point, NC 27265
      View Details
    • Contact for pricing
      3,832 SF

      Mendenhall Oaks Office Space

      Exceptional office building with park amenities and convenient location.
      4196 Mendenhall Oaks Pkwy, High Point, NC 27265
      View Details
    • Contact for pricing
      10,688 SF

      High Point Office Building For Rent

      Three-story office building with easy highway and airport access.
      4100 Mendenhall Oaks Pkwy, High Point, NC 27265
      View Details
    • $1,350 /Mo
      1,000 SF

      Eastchester Drive Office Space Available

      Office space for rent with high traffic and great exposure.
      1620-1622 Eastchester Dr, High Point, NC 27265
      View Details
    • Contact for pricing
      108,340 SF

      Mendenhall Oaks Office Building

      Three-story office building in Mendenhall Oaks Business Park.
      4050 Piedmont Pkwy, High Point, NC 27265
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1830 Eastchester Dr
    High Point, NC 27265-1403
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!