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Property profile & analytics
OFF-MARKET
Estimated value
$1,755,000
Office Spaces
231 Plz Ln High Point, NC 27263-2493
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0635428
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2001
Construction
FRAME
Total area
12,648 SF
Lot
1.83 ac (79,715 SF)
Zoning code
CU-SC
APN
179412
UPID
US53-0635428
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
-
HPU Health - Plaza Dental Dental Office
-
Heritage Dental Group Dental Office
-
Peak Performance Roofing Roofing Company General Contractor
-
Mr. Alfonza Williamson Dental Office
-
Revel Systems NC (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.97M
Comparable Approach
Comparable
$1.95M
Blend (final)
Blend
$1.76M
Owner & transaction history
Jcagle Properties LLC · 12 yrs held
Jcagle Properties LLC
since 2013
3 recorded transactions
Zoning & alternative use
CU-SC · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,135,000
6.5%
$1,970,000
7%
$1,830,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,880,000
Current use
RETAIL STORES
$1,855,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$1.76M
Range $1.58M – $1.93M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$139 / SF
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 2023Property tax & assessments
Tax year 2023
Tax billed
$16,649
Tax year 2023
Assessed value
$1,235,100
Assessed 2023
Previous assessed
$1,235,100
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$510,200
Assessed improvement
$724,900
Land market value
$510,200
Improvement market value
$724,900
Total market value
$1,235,100
Applied tax rate
2.0000
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 Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
2
Bathrooms
8
Total area
12,648 SF
Lot
1.83 ac (79,715 SF)
Zoning code
CU-SC
APN
179412
UPID
US53-0635428
Jurisdiction
GUILFORD
Zoning & alternative use
CU-SC · High Point, NC
Zoning CU-SC · permitted uses
CU-SC · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.9M
RETAIL STORES
Est. value
$1.9M
COMMERCIAL (GENERAL) Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
8
Lot
1.83 ac
Current owner
From public records · entity-resolved
Jcagle Properties LLC
Entity
Free & Clear · 12 yrs held
Mailing address
8420 KINSALE CT, CLEMMONS, NC 27012-8844
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2013
$475,000
Jcagle Properties LLC
Cagle,james M & Sandra H
Warranty Deed
related
—
Feb 1, 2012
$475,000
James M Cagle
High Point Bank & Trust Company
Special Warranty Deed
$125,000 · The Peoples National Bank
Jan 21, 2010
$850,000
High Point Bank Trust Co
2nd Medcentral Properties
Grant 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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