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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Hotels
400 Main St, High Point, NC 27260-6635
Entity Owned
Free & Clear
Property ID
US53-2037606
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1955
Construction
FRAME
Total area
16,004 SF
Lot
0.7 ac (30,492 SF)
Zoning code
CB
APN
172528
UPID
US53-2037606
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
-
Sheraton Apartments Apartments Indoor Lodging
-
JeanMaria Boutique Clothing Store
-
Affordable Car Insurance Marketing & Advertising
-
Townhouse Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$455k
CAP Approach
CAP
$505k
Comparable Approach
Comparable
$586k
Blend (final)
Blend
$515k
Owner & transaction history
H CORPORATION
H CORPORATION
Zoning & alternative use
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
$455,000
CAP Approach
CAP Return
Estimation
6%
$545,000
6.5%
$505,000
7%
$470,000
Blend value · Realmo final
$515k
Range $464k – $567k · ±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
$32 / 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
$17,061
Tax year 2023
Assessed value
$1,536,600
Assessed 2023
Previous assessed
$1,536,600
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$609,800
Assessed improvement
$926,800
Land market value
$609,800
Improvement market value
$926,800
Total market value
$1,536,600
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1955
Construction
FRAME
Heating
BASEBOARD
Cooling
WALL UNIT
Stories
1
Units
44
Rooms
25
Bathrooms
44
Total area
16,004 SF
Lot
0.7 ac (30,492 SF)
Zoning code
CB
APN
172528
UPID
US53-2037606
Jurisdiction
GUILFORD
Zoning & alternative use
CB · High Point, NC
Zoning CB · permitted uses
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.
Building & site characteristics
From public records
Year built
1955
Construction
FRAME
Heating
BASEBOARD
Cooling
Yes
Stories
1
Units
44
Rooms
25
Bathrooms
44
Lot
0.7 ac
Current owner
From public records · entity-resolved
H CORPORATION
Individual
Free & Clear · 0 yrs held
Mailing address
400 S MAIN ST, HIGH POINT, NC 27260-6635
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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