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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Industrial properties
502 Old Thomasville Rd High Point, NC 27260-8431
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US53-1242643
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1987
Construction
FRAME
Total area
7,648 SF
Lot
0.74 ac (32,234 SF)
Zoning code
HI
APN
178260
UPID
US53-1242643
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
-
Montis America Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$675k
Owner & transaction history
G&j Styles Properties LLC · 1 yrs held
G&j Styles Properties LLC
since 2025
Last sale
$910,000
5 recorded transactions
Zoning & alternative use
HI · High Point, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+227.1%
Commercial (general)
$845,000
+152.4%
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
$605,000
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,095,000
Change: +227% · Conversion: Moderate
COMMERCIAL (GENERAL)
$845,000
Change: +152% · Conversion: Difficult
Blend value · Realmo final
$675k
Range $608k – $743k · ±10% · vs last sale $910k (Jan 25 2025)
Last sale anchor
$910k
Jan 25 2025
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
$88 / 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
$3,326
Tax year 2023
Assessed value
$208,600
Assessed 2023
Previous assessed
$246,700
-15.4% YoY
Effective rate
1.59%
On assessed value
Assessed land
$41,900
Assessed improvement
$166,700
Land market value
$41,900
Improvement market value
$166,700
Total market value
$208,600
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1987
Construction
FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
1
Rooms
2
Bathrooms
2
Total area
7,648 SF
Lot
0.74 ac (32,234 SF)
Zoning code
HI
APN
178260
UPID
US53-1242643
Jurisdiction
GUILFORD
Zoning & alternative use
HI · High Point, NC
Zoning HI · permitted uses
HI · 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
RETAIL STORES
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$845,000
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
1987
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
2
Lot
0.74 ac
Current owner
From public records · entity-resolved
G&j Styles Properties LLC
Entity
Mailing address
107 FAYETTEVILLE ST STE #400, RALEIGH, NC 27601-2916
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2025
$910,000
G&j Styles Properties LLC
Cityplat Triad 2 LLC
Special Warranty Deed
—
Nov 8, 2024
—
Cityplat Triad 2 LLC
—
Deed
related
$577,500 · Bank Of Oak Ridge
Nov 30, 2022
$650,000
Cityplat Triad 2 LLC
Greene Thomasville LLC
Special Warranty Deed
$422,500 · Bank Of Oak Ridge
Mar 15, 2018
—
Greene Thomasville LLC
—
Deed
related
$240,000 · Pnc Bank NA
Oct 17, 2011
$275,000
Halhan Dev LLC
Marsh Family LP
Warranty 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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