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Property profile & analytics
OFF-MARKET
Office buildings
2231 Shadow Vly Rd2303-2305 High Point, NC 27265-2739
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-3604495
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Construction
FRAME
Total area
2,060 SF
Lot
10.95 ac (476,982 SF)
Zoning code
RM16
APN
01-008-E-000-0005
UPID
US53-3604495
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
-
The Pearl at High Point Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tyh3 High Point LLC · 3 yrs held
Tyh3 High Point LLC
since 2023
7 recorded transactions
Zoning & alternative use
RM16 · High Point, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$51,035
Tax year 2024
Assessed value
$4,363,090
Assessed 2024
Previous assessed
$4,363,090
+0.0% YoY
Effective rate
1.17%
On assessed value
Land market value
$617,580
Improvement market value
$3,745,510
Total market value
$4,363,090
Applied tax rate
1.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1973
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
1
Units
36
Bathrooms
2
Total area
2,060 SF
Lot
10.95 ac (476,982 SF)
Zoning code
RM16
APN
01-008-E-000-0005
UPID
US53-3604495
Jurisdiction
DAVIDSON
Zoning & alternative use
RM16 · High Point, NC
Zoning RM16 · permitted uses
RM16 · High Point, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
High Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
36
Bathrooms
2
Lot
10.95 ac
Current owner
From public records · entity-resolved
Tyh3 High Point LLC
Entity
Free & Clear · 3 yrs held
Mailing address
972 RTE 45TH STE #204, POMONA, NY 10970-3527
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2023
—
Tyh3 High Point LLC
Tyh3 High Point LLC
Correction Deed
related
—
Jul 12, 2022
$21,500,000
Tyh3 High Point LLC
Hunters Wb Celler Siegel LLC
Special Warranty Deed
$17,200,000 · Key Bank NA
Aug 30, 2017
$9,400,000
High Point Nc Holdings LLC
Hr-hunters Point LLC
Trustees Deed
related
$7,050,000 · Greystone Svcg
Apr 23, 2015
—
Vcp Hunters Point LLC
Amac I Hunters Point LLC
Grant Deed
related
—
May 24, 2013
$4,000,000
Amac I Hunters Point LLC
Hunters Point Properties LLC
Warranty Deed
related
—
Jul 1, 1994
$550,000
Owner Name Unavailable
—
Warranty Deed
related
—
Jul 1, 1994
$5,170,000
Owner Name Unavailable
—
Warranty Deed
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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