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    3800 Tinsley Dr High Point, NC 27265
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    Property profile & analytics

    3800 Tinsley Dr, High Point, NC 27265

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    • Commercial real estate
    • 12,749 SF
    • 1.99 lot acres
    For Lease
    $1,920,000
    View Listing →
    Retail Center Pad Site Available For Lease
    $1,920,000

    Retail Center Pad Site Available

    Unanchored convenience center with pad site for lease.

    3800 Tinsley Dr, High Point, NC 27265
    View Listing
    Property ID
    US53-5760153
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Vino Shoppe / Specialty Food Shop / Wine and Liquor Store
    • Uncle Cheesecake / Bakery / Specialty Food Shop
    • Custom Fit Personalized Training / Gym & Fitness Center
    • Maxfit Personal Training / Gym & Fitness Center
    • Sammy G's Tavern / Bar & Pub / Restaurant

    Property Details for 3800 Tinsley Dr

    Year built
    2004
    Construction
    FRAME
    Lot size
    1.99 lot acres
    Zone code
    CU-HB
    Property type
    Commercial real estate
    APN
    196485
    APU
    196485

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 3, 2017 — Fourno Two LLC — Deed · related $809k · Bank Of Nc
    May 25, 2004 — Fourno Two LLC Poulos,terry & Roxane Warranty Deed $1.3M · High Point Bk&tr
    — — Fourno Two LLC — Deed Of Trust · related $1.1M · Southern Community Bank
    — — Fourno Two LLC — Deed Of Trust · related $809k · Bank Of Nc

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,150,000
      6.5%
      $1,985,000
      7%
      $1,845,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,166,000
      Market price range: $1.10M - $2.64M
      AI Estimate
      $1,611,000
      Market price range: $623k - $2.22M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,795,000
      Current use
      RETAIL STORES
      $1,870,000
      Change: +4% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    High Point
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.9696
    Latitude
    36.0266
    CBSA code
    24660
    CBSA name
    GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $26,891
    $868,600
    $1,126,300
    $1,994,900
    -
    $868,600
    $1,126,300
    $1,994,900

    Comparable in this City

    • Value Estimation by Request
      0.48 Acres

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      COMMERCIAL (GENERAL)
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      613 Mcdonald Ctr1

      COMMERCIAL (GENERAL)
      613 Mcdonald Ctr1, High Point, NC 27265-2649
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      0.52 Acres

      100 Lassiter Dr

      COMMERCIAL (GENERAL)
      100 Lassiter Dr, High Point, NC 27265
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    • Value Estimation
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      3,000 SF

      2705 Main St

      COMMERCIAL (GENERAL)
      2705 Main St, High Point, NC 27265-2059
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    • Value Estimation
      $2,895,000
      18,782 SF

      3306 Main St

      COMMERCIAL (GENERAL)
      3306 Main St, High Point, NC 27265-1919
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    • Value Estimation by Request
      2,470 SF

      2400 Eastchester Dr

      COMMERCIAL (GENERAL)
      2400 Eastchester Dr, High Point, NC 27265
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Site in Growing Area

      1.75 acre corner lot near major highways.
      1650 Penny Rd, High Point, NC 27265
      View Details
    • $3,132,000
      41 SF

      Highway Accessible Agricultural Land

      41 acres of agricultural land with highway access.
      7830 Clinard Farms Rd, High Point, NC 27265
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    • $90,000
      1.14 Acres

      Residential Land in Growing Area

      1.14 acre residential land opportunity in Archdale, North Carolina.
      1644 Kersey Valley Rd, Archdale, NC 27265
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    • $80,000
      1.77 Acres

      Archdale Land Opportunity

      Vacant wooded land in growing Archdale area.
      1642 Kersey Valley Rd, Archdale, NC 27265
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    • Contact for pricing
      3,432 SF

      Profitable Car Wash on Main

      Well-maintained car wash in High Point with income potential.
      3425 N Main St, High Point, NC 27265
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      624 SF

      Corporate Leased Investment Opportunity

      Corporate leased property with a long lease term available for sale.
      2521 Eastchester Dr, High Point, NC 27265
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      148,200 SF

      Industrial Warehouse Space For Lease

      148,200 SF warehouse with easy access to major highways.
      792 Gallimore Dairy Rd, High Point, NC 27265
      View Details
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      Commercial Land Ground Lease Opportunity

      Approximately 0.64 AC ground lease available near major retailers.
      2300 N Main St, High Point, NC 27265
      View Details
    • Contact for pricing

      High Point Office Space Available

      Office space available for lease in High Point, North Carolina.
      4035 Piedmont Pkwy, High Point, NC 27265
      View Details
    • Contact for pricing
      10,919 SF

      Furnished Office Space Near Airport

      Furnished office space with flexible configurations, close to PTI Airport.
      1400 Eastchester Dr, High Point, NC 27265
      View Details
    • Contact for pricing
      8,741 SF

      Mendenhall Oaks Office Space

      Office building in Mendenhall Oaks Business Park available for rent.
      4194 Mendenhall Oaks Pkwy, High Point, NC 27265
      View Details
    • $18 SF/Yr
      3,752 SF

      Mendenhall Oaks Office Space

      One-story office building in Mendenhall Oaks Business Park.
      4015 Meeting Way St, High Point, NC 27265
      View Details

    Property Visit Statistics

    • Visits by month
      2.1k
    • Visitors by month
      1.9k
    • Avg Time on site
      39 min
    View Listing
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    High Point, NC 27265
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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