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Property profile & analytics
OFF-MARKET
Estimated value
$2,345,000
Retail space
311 Hamilton St High Point, NC 27260-6628
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-1888536
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1996
Construction
FRAME
Total area
17,599 SF
Lot
0.36 ac (15,682 SF)
Zoning code
CU-CB
APN
171523
UPID
US53-1888536
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
-
American Home Furnishings Hall of Fame Foundation Inc. Charitable Organization Social Service Agency
-
American Home Furnishings Hall of Fame Eternal Flame Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.35M
Owner & transaction history
American Home Furnishings Hall Of F · 3 yrs held
American Home Furnishings Hall Of F
since 2023
7 recorded transactions
Zoning & alternative use
CU-CB · 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
Alternative Use
Use
Estimation
RETAIL STORES
$2,525,000
Current use
Blend value · Realmo final
$2.35M
Range $2.11M – $2.58M · ±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
$133 / 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
$30,401
Tax year 2023
Assessed value
$2,255,300
Assessed 2023
Previous assessed
$2,524,900
-10.7% YoY
Effective rate
1.35%
On assessed value
Assessed land
$392,100
Assessed improvement
$1,863,200
Land market value
$392,100
Improvement market value
$1,863,200
Total market value
$2,255,300
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
Off-Market
Year built
1996
Construction
FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
2
Rooms
1
Bathrooms
2
Total area
17,599 SF
Lot
0.36 ac (15,682 SF)
Zoning code
CU-CB
APN
171523
UPID
US53-1888536
Jurisdiction
GUILFORD
Zoning & alternative use
CU-CB · High Point, NC
Zoning CU-CB · permitted uses
CU-CB · 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
RETAIL STORES Current
Est. value
$2.5M
RETAIL STORES Current
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
1996
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
1
Bathrooms
2
Lot
0.36 ac
Current owner
From public records · entity-resolved
American Home Furnishings Hall Of F
Individual
Mailing address
202 S NEAL PL, HIGH POINT, NC 27262-2622
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2024
—
American Home Furnishings Hall Of F
—
Deed
related
$3,004,731 · Triad Financial Services INC
Jul 10, 2023
—
American Home Furnishings Hall Of F
American Home Furnishings Hall Of F
Intrafamily Transfer
related
—
Mar 2, 2023
—
American Home Furnishings Hall Of F
—
Deed
related
$2,000,000 · Truist Bank
Nov 15, 2019
—
Wilson Holdings LLC
James D Wilson
Quitclaim Deed
$2,100,000 · Wells Fargo Bk
Nov 15, 2019
$855,000
Trilogy Partners LLC
Wilson Holdings LLC
Special Warranty Deed
$2,100,000 · Wells Fargo Bank NA
Oct 16, 2019
—
American Hm Furnishings Hall & F
Southeast Showroom LLC
Warranty Deed
—
Jun 28, 2019
$2,525,000
American Furniture Hall Of Fame F
Southeast Showroom LLC
Warranty Deed
$2,125,000 · Branch Bk&tr
Oct 2, 2018
$1,020,000
Trilogy Partners LLC
Decca Furniture USA INC
Special Warranty Deed
$850,000 · Wells Fargo Bank NA
Apr 30, 2018
$770,000
Back Bay Properties LLC
Decca Furniture USA INC
Grant Deed
$654,500 · Branch Bk&tr
Dec 1, 2010
—
Southeast Showroom LLC
Schwarz Properties LLC
Warranty Deed
—
Jun 7, 2007
$2,250,000
Schwarz Properties LLC
Viewpoint Properties LLC
Warranty Deed
$1,912,500 · Ge Commercial Finance Business Prop
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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