Property profile

418 Martin Luther King Jr Dr High Point, NC 27260

OFF-MARKET
Retail space
Property ID
US53-1033096
40,950 SF 1.35 ac lot Built 1955
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Construction FRAME
Total area 40,950 SF
Lot 1.35 ac (58,806 SF)
Zoning code MX-D
APN 186879
UPID US53-1033096

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

418 Martin Luther King Jr Dr High Point, NC 27260
High Point metro Census 14000 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$974k
Blend (final) Blend
$660k

Owner & transaction history

since 2016
1 recorded transaction
2016
$721,000

Zoning & alternative use

MX-D · High Point, NC
Zoning description

The Mixed Use MX-D district is intended to establish compact, pedestrian-oriented, mixed-use development and redevelopment at key locations in the Core City

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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