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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Apartment buildings
2702 Ingram Rd High Point, NC 27263-2274
Entity Owned
13-yr Hold
Property ID
US53-1514559
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1985
Total area
6,144 SF
Lot
5.57 ac (242,629 SF)
Zoning code
RM
APN
202704
UPID
US53-1514559
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
$575k
Comparable Approach
Comparable
$704k
Blend (final)
Blend
$625k
Owner & transaction history
Ingram Rd LLC · 13 yrs held
Ingram Rd LLC
since 2013
5 recorded transactions
Zoning & alternative use
RM · High Point, NC
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
$595,000
CAP Approach
CAP Return
Estimation
6%
$620,000
6.5%
$575,000
7%
$530,000
Blend value · Realmo final
$625k
Range $563k – $688k · ±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
$102 / 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
$29,204
Tax year 2023
Assessed value
$2,547,400
Assessed 2023
Previous assessed
$2,547,400
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$446,200
Assessed improvement
$2,101,200
Land market value
$446,200
Improvement market value
$2,101,200
Total market value
$2,547,400
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1985
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
6
Stories
2
Units
8
Rooms
4
Bathrooms
8
Total area
6,144 SF
Lot
5.57 ac (242,629 SF)
Zoning code
RM
APN
202704
UPID
US53-1514559
Jurisdiction
GUILFORD
Zoning & alternative use
RM · High Point, NCZoning RM · permitted uses
RM · High Point, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Zoning (MapServer)
Building & site characteristics
From public records
Year built
1985
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Buildings
6
Units
8
Rooms
4
Bathrooms
8
Lot
5.57 ac
Current owner
From public records · entity-resolved
Ingram Rd LLC
Entity
Mailing address
10319 WESTLAKE DR UNIT #175, BETHESDA, MD 20817-6403
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2020
—
Ingram Rd LLC
—
Deed
related
$1,300,000 · Presidential Bank Fsb
Apr 12, 2017
—
Ingram Rd LLC
—
Deed
related
$800,000 · Wells Fargo Bank NA
Jan 10, 2013
$730,000
Ingram Rd LLC
Wells Fargo Bk NA
Grant Deed
—
Sep 11, 2012
$603,000
Fargo Bk NA Wells
Overfield John C
Trustees Deed
—
—
—
Ingram Rd LLC
—
Deed Of Trust
related
$620,500 · Branch Bk&tr
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.
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