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Property profile & analytics
OFF-MARKET
Estimated value
$5,275,000
Apartment buildings
318 Scientific St High Point, NC 27260-4365
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-0270810
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1985
Total area
9,600 SF
Lot
10.75 ac (468,270 SF)
Zoning code
RM
APN
182230
UPID
US53-0270810
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
-
J G Surplus Marketing & Advertising IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.38M
Blend (final)
Blend
$5.28M
Owner & transaction history
318 S Scientific Hpnc LLC · 4 yrs held
318 S Scientific Hpnc LLC
since 2021
Last sale
$5.1M
3 recorded transactions
Zoning & alternative use
RM · 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
$3,890,000
ML approach
$5,820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.28M
Range $4.75M – $5.80M · ±10% · vs last sale $5.14M (Dec 6 2021)
Last sale anchor
$5.14M
Dec 6 2021
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
$549 / 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
$68,819
Tax year 2023
Assessed value
$5,510,500
Assessed 2023
Previous assessed
$5,510,500
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$387,000
Assessed improvement
$5,123,500
Land market value
$387,000
Improvement market value
$5,123,500
Total market value
$5,510,500
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
12
Rooms
4
Bathrooms
12
Total area
9,600 SF
Lot
10.75 ac (468,270 SF)
Zoning code
RM
APN
182230
UPID
US53-0270810
Jurisdiction
GUILFORD
Zoning & alternative use
RM · High Point, NC
Zoning 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
High Point. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Buildings
6
Units
12
Rooms
4
Bathrooms
12
Lot
10.75 ac
Current owner
From public records · entity-resolved
318 S Scientific Hpnc LLC
Entity
Free & Clear · 4 yrs held
Mailing address
520 JAMES ST STE 3A, LAKEWOOD, NJ 08701-4052
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2021
$5,142,500
318 S Scientific Hpnc LLC
Gateway Management Services Ltd
Warranty Deed
—
Nov 17, 2021
—
Gateway Management Services Ltd
Jamestown Manor Associates LLC
Warranty Deed
—
Jun 25, 2009
$2,600,000
Jamestown Manor Associates LLC
Bailey,c A JR
Grant Deed
$2,080,000 · Newbridge Bank
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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