Property profile

2445 Penny Rd High Point, NC 27265

OFF-MARKET
Commercial real estate
Property ID
US53-4855629
13.53 ac lot
Entity Owned Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 13.53 ac (589,367 SF)
Zoning code CU-LI
APN 227709
UPID US53-4855629

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2445 Penny Rd High Point, NC 27265-8120
High Point metro Census 16205 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

Zoning & alternative use

CU-LI · High Point, NC
Zoning description

CU: The rezoning of land to a conditional zoning district is intended to provide a landowner and the City an alternative to rezoning the land to a general zoning district, LI: The LI district is established to accommodat…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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