4480 Premier Dr High Point, NC 27265-8335
- Office Properties & Spaces
- 1.01 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 4480 Premier Dr
- Lot size
- 1.01 lot acres
- Zone code
- CU-LI
- Property type
- Office Properties & Spaces
- APN
- 206244
- APU
- 206244
Description
This exceptional 1.01-acre commercial land parcel presents a remarkable investment opportunity in High Point, North Carolina. Located at 4480 Premier Drive, this property boasts a highly desirable CU-LI zoning designation, opening doors to a wide range of development possibilities. The lot offers superior visibility and accessibility from Premier Drive, placing it in close proximity to significant commercial activity. Across the street sits the Atrium Health Wake Forest Baptist Medical Plaza, ensuring high traffic and visibility. Furthermore, the property is conveniently located within one mile of the established Palladium Shopping Center and the upcoming Palladium South development, a 36-acre mixed-use project featuring restaurants, apartments, and retail spaces. This strategic location within a thriving commercial corridor promises significant future growth and value appreciation. The property's APN is 7813-83-3472. This is an exceptional opportunity to acquire a strategically positioned commercial lot with significant development potential in a rapidly growing area. The asking price for this prime piece of real estate is $355,000. Don't miss this chance to secure a foothold in a vibrant and expanding market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $135,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $170,000
- 6.5%
- $145,000
- 7%
- $170,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $160,000
- Geo Method
- $175,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $170,000
- Retail
- $185,000
- Mixed-Use
- $170,000
- Hospitality
- $160,000
- Educational
- $155,000
- Residential Income
- $165,000
- Energy
- $185,000
- Income-Based Land
- $180,000
- Food Service
- $165,000
Location Insight
- Map
- Local Demand
- City
- High Point
- County
- Guilford
- State
- North Carolina
- Longitude
- -79.9525
- Latitude
- 36.0362
- CBSA code
- 24660
- CBSA name
- GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA