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Property profile & analytics
OFF-MARKET
Estimated value
$15,245,000
Industrial properties
4515 Premier Dr High Point, NC 27265-8357
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US53-1844420
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2008
Construction
FRAME
Total area
128,435 SF
Lot
10.4 ac (453,024 SF)
Zoning code
CU-LI
APN
206206
UPID
US53-1844420
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
-
Lab Services at Premier Medical Laboratory Health
-
Schnell Katherine R PHD Physician Medical Clinic
-
Cornerstone Behavioral Med: Harrison Tom Physician Medical Clinic
-
Megan K. Gabalda, Ph.D. Physician Medical Clinic
-
Thompson W Thomas PHD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.00M
CAP Approach
CAP
$18.41M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.25M
Owner & transaction history
4515 Premier Dr LLC · 6 yrs held
4515 Premier Dr LLC
since 2020
Last sale
$19.1M
2 recorded transactions
Zoning & alternative use
CU-LI · High Point, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
CU: The rezoning of land to a conditional zoning district is intended to provide a landowner and the City an alternative to rezoning the land to a general zoning district, LI: The LI district is established to accommodate light manufacturing, assembly, fabrication, processing, distribution, storage, wholesales sales, research and development, and other indus…
Zone name
Light Industrial Conditional Use
General category
INDUSTRIAL
Zone area
1,603.17 ac
Source
Realmo
Top alternative use upside
Retail stores
$18.8M
+219.0%
Commercial (general)
$18.1M
+206.2%
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
$14,905,000
ML approach
$13,000,000
CAP Approach
CAP Return
Estimation
6%
$19,940,000
6.5%
$18,410,000
7%
$17,095,000
Alternative Use
Use
Estimation
RETAIL STORES
$18,825,000
Change: +219% · Conversion: Moderate
COMMERCIAL (GENERAL)
$18,070,000
Change: +206% · Conversion: Difficult
Blend value · Realmo final
$15.25M
Range $13.72M – $16.77M · ±10% · vs last sale $19.13M (Mar 9 2020)
Last sale anchor
$19.13M
Mar 9 2020
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
$119 / 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
$259,181
Tax year 2023
Assessed value
$19,227,100
Assessed 2023
Previous assessed
$19,227,100
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$1,352,000
Assessed improvement
$17,875,100
Land market value
$1,352,000
Improvement market value
$17,875,100
Total market value
$19,227,100
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2008
Construction
FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Bathrooms
31
Total area
128,435 SF
Lot
10.4 ac (453,024 SF)
Zoning code
CU-LI
APN
206206
UPID
US53-1844420
Jurisdiction
GUILFORD
Zoning & alternative use
CU-LI · High Point, NCZoning 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
Zoning description
CU: The rezoning of land to a conditional zoning district is intended to provide a landowner and the City an alternative to rezoning the land to a general zoning district, LI: The LI district is established to accommodate light manufacturing, assembly, fabrication, processing, distribution, storage, wholesales sales, research and development, and other industrial uses that are small scale
Zone name
Light Industrial Conditional Use
General category
INDUSTRIAL
Zone area
1,603.17 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$18.8M
COMMERCIAL (GENERAL)
Est. value
$18.1M
RETAIL STORES
COMMERCIAL (GENERAL)
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
2008
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Bathrooms
31
Lot
10.4 ac
Current owner
From public records · entity-resolved
4515 Premier Dr LLC
Entity
Mailing address
4500 DORR ST, TOLEDO, OH 43615-4040
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2020
$19,130,000
4515 Premier Dr LLC
Hcri North Carolina Properties III
Warranty Deed
$380,050,000 · Capital One Bank NA
Sep 24, 2012
$29,705,000
Nc Properties Hcri III
Premier Medical Properties 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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