Property profile

2924 Main St High Point, NC 27265

OFF-MARKET
Commercial real estate
Property ID
US53-0234938
9,990 SF 1.28 ac lot Built 2008
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2008
Construction FRAME
Total area 9,990 SF
Lot 1.28 ac (55,757 SF)
Zoning code GB
APN 197345
UPID US53-0234938

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Car Dealership
  • Motorcycle Shop
  • Car Dealership Motorcycle Shop

Location

2924 Main St High Point, NC 27265-1937
High Point metro Census 14409 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.59M
CAP Approach CAP
$1.56M
Comparable Approach Comparable
$1.53M
Blend (final) Blend
$1.58M

Owner & transaction history

since 2021
Last sale
$1.4M
5 recorded transactions
2021
$1.4M
2016
$150,000
2008
Price N/A
2008
Price N/A
1969
Price N/A

Zoning & alternative use

GB · High Point, NC
Zoning description

The GB district is established to accommodate a wide range of general retail, business, and service uses that serve groups of neighborhoods

General category COMMERCIAL
Top alternative use upside
Retail stores $1.5M +4.2%

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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