1918 Eastchester Dr High Point, NC 27265-1405
- Office Properties & Spaces
- 20.85 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1918 Eastchester Dr
- Lot size
- 20.85 lot acres
- Zone code
- CU-OI
- Property type
- Office Properties & Spaces
- APN
- 195727
- APU
- 195727
Description
This exceptional 2.5-acre commercial land parcel, identified by APN 7812041846, is strategically located at 1918 Eastchester Drive in High Point, North Carolina, zip code 27265. Zoned for Office/Institutional use, this property presents a significant development opportunity in a rapidly growing corridor between High Point and Greensboro. The lot boasts excellent visibility on Eastchester Drive, experiencing a high volume of daily traffic (41,363 vehicles per day). City water and sewer services are readily available at the property line, simplifying infrastructure needs for future development. The versatile zoning allows for a range of potential uses, including healthcare facilities, personal service businesses, and retail establishments. This prime location offers significant potential for investors and developers seeking a well-situated parcel in a thriving area. The asking price for this exceptional property is $375,000. This 2.5-acre site presents a rare opportunity to capitalize on the growth and development potential of this desirable location in Guilford County.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,665,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,080,000
- 6.5%
- $2,305,000
- 7%
- $2,015,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,080,000
- Geo Method
- $2,290,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,230,000
- Retail
- $2,280,000
- Mixed-Use
- $2,555,000
- Hospitality
- $2,300,000
- Educational
- $2,040,000
- Residential Income
- $2,455,000
- Energy
- $2,035,000
- Income-Based Land
- $2,450,000
- Food Service
- $2,135,000
Location Insight
- Map
- Local Demand
- City
- High Point
- County
- Guilford
- State
- North Carolina
- Longitude
- -79.9798
- Latitude
- 36.0125
- CBSA code
- 24660
- CBSA name
- GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA