203 Lexington Ave High Point, NC 27262-2649
Property summary
This exceptional investment opportunity encompasses three buildings totaling 10,270 square feet situated on a 0.79-acre lot in High Point, North Carolina. The property, located at 203 E Lexington Ave, is zoned GB (General Business District) and boasts 100% occupancy. Building 1, at 203 E. Lexington Ave, comprises 2,520 square feet and houses three tenants: a restaurant, barber shop, and salon. Building 2, located at 205 E Lexington Ave, offers 4,000 square feet and is occupied by a church and High Point Medical Center. Building 3, situated at 1313 Hamilton Place, features 3,750 square feet with a church, event center, and contractor as tenants. The strategic corner location at E Lexington Ave and N Hamilton St provides excellent visibility and accessibility. The property benefits from its proximity to downtown High Point, High Point Hospital, and is a half-mile from High Point University. All buildings feature 12-foot clear ceiling heights. The asking price for this fully leased, high-return investment is $1,200,000. Contact us today for additional information and financial details.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
The GB district is established to accommodate a wide range of general retail, business, and service uses that serve groups of neighborhoods
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GB · High Point, NCThe GB district is established to accommodate a wide range of general retail, business, and service uses that serve groups of neighborhoods
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GB in High Point, NC.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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