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Property profile & analytics
OFF-MARKET
Estimated value
$7,875,000
Office Spaces
4000 Piedmont Pkwy High Point, NC 27265-9414
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1959268
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1989
Construction
FRAME
Total area
67,460 SF
Lot
5.9 ac (257,004 SF)
Zoning code
CU-LI
APN
207822
UPID
US53-1959268
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
-
Amistaff Health Care Tech (Bike/Boat/Book/etc) Store Corporate Office
-
AXA Advisors Financial Advisor
-
CRG Staffing Employment Agency
-
GXO Logistics Company Freight Service
-
FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.51M
Comparable Approach
Comparable
$7.52M
Blend (final)
Blend
$7.88M
Owner & transaction history
Eastwood Homes · 5 yrs held
Eastwood Homes
since 2020
6 recorded transactions
Zoning & alternative use
CU-LI · High Point, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$9.9M
+4.2%
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%
$11,385,000
6.5%
$10,510,000
7%
$9,760,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,490,000
Current use
RETAIL STORES
$9,890,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$7.88M
Range $7.09M – $8.66M · ±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
$117 / 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
$93,330
Tax year 2023
Assessed value
$6,923,600
Assessed 2023
Previous assessed
$6,923,600
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$767,000
Assessed improvement
$6,156,600
Land market value
$767,000
Improvement market value
$6,156,600
Total market value
$6,923,600
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1989
Construction
FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
3
Rooms
20
Bathrooms
18
Total area
67,460 SF
Lot
5.9 ac (257,004 SF)
Zoning code
CU-LI
APN
207822
UPID
US53-1959268
Jurisdiction
GUILFORD
Zoning & alternative use
CU-LI · High Point, NC
Zoning CU-LI · permitted uses
CU-LI · 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
COMMERCIAL (GENERAL) Current
Est. value
$9.5M
RETAIL STORES
Est. value
$9.9M
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
1989
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Rooms
20
Bathrooms
18
Lot
5.9 ac
Current owner
From public records · entity-resolved
Eastwood Homes
Individual
Free & Clear · 5 yrs held
Mailing address
628 GRN VLY RD STE #203, GREENSBORO, NC 27408-7789
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2020
$280,000
Eastwood Homes
Doggett Road 41 LLC
Grant Deed
—
Jun 11, 2020
$280,000
Eastwood Const Ptrs LLC
Doggett Road 41 LLC
Grant Deed
—
Jul 2, 2018
—
4000 Piedmont Parkway Assocs L
Louis Dejoy Family Ptshp LLC
Warranty Deed
—
Apr 4, 2017
—
Louis Dejoy Family Partnership LLC
—
Deed
related
$5,000,000 · Wells Fargo Bank NA
Feb 28, 2014
$52,500
Eastwood Construction LLC
Af-lindley Woods LLC
Warranty Deed
—
Feb 17, 2011
$36,000
Eastwood Construction LLC
Princeton Partners LLC
Grant Deed
—
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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