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Property profile & analytics
FOR LEASE
Retail space
2645 N Main St High Point, NC 27265
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US53-0870867
For Lease
1 / 2
$11.50 SF/Yr
2645 N Main St, High Point, NC 27265
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Construction
FRAME
Total area
68,926 SF
Lot
5.38 ac (234,353 SF)
Zoning code
GB
APN
197219
UPID
US53-0870867
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
-
T-Mobile Authorized Retailer Mobile Phone Store Electronics & Wireless Store
-
Harbor Freight Tools Building Supply Hardware & Home Improvement
-
Mario's Pizza Restaurant
-
Shogun Japanese Restaurant Restaurant
-
Krystal Cleaners (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.51M
Blend (final)
Blend
$2.93M
Owner & transaction history
Sra Of North Main Place LLC · 7 yrs held
Sra Of North Main Place LLC
since 2019
4 recorded transactions
Zoning & alternative use
GB · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.93M
Range $2.64M – $3.22M · ±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
$43 / 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
$87,183
Tax year 2023
Assessed value
$6,467,600
Assessed 2023
Previous assessed
$6,467,600
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$2,999,700
Assessed improvement
$3,467,900
Land market value
$2,999,700
Improvement market value
$3,467,900
Total market value
$6,467,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1985
Construction
FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Rooms
3
Bathrooms
11
Total area
68,926 SF
Lot
5.38 ac (234,353 SF)
Zoning code
GB
APN
197219
UPID
US53-0870867
Jurisdiction
GUILFORD
Zoning & alternative use
GB · High Point, NC
Zoning GB · permitted uses
GB · 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
1985
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Bathrooms
11
Lot
5.38 ac
Current owner
From public records · entity-resolved
Sra Of North Main Place LLC
Entity
Mailing address
5345 PNE TREE DR, MIAMI BEACH, FL 33140-2143
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2019
$5,127,500
Sra Of North Main Place LLC
Aah Investments LLC
Grant Deed
$3,845,550 · Bank Of America
Dec 20, 2017
$4,462,500
Aah Investments LLC
Dmarc 1998 C1 Retail 2645 LLC
Special Warranty Deed
$3,420,000 · Pinnacle Bank
May 28, 2013
$2,990,000
Dmarc 1998-c1 Retail 2645 LLC
Higgins John T JR
Trustees Deed
related
—
—
—
Pointvest Associates Lllp
—
Deed Of Trust
related
$4,250,000 · Belgravia Capital Corp
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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