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Property profile & analytics
OFF-MARKET
Industrial properties
515 English Rd High Point, NC 27262-4815
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-1654016
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1941
Construction
FRAME
Total area
12,067 SF
Lot
0.59 ac (25,700 SF)
Zoning code
MX-D
APN
186871
UPID
US53-1654016
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
-
SPLASHWORKS Industrial Manufacturer Production Facility
-
Visit High Point Travel Agency Tour Operator
-
Mod Design Studio Production Facility Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Vandessel Properties LLC · 2 yrs held
Vandessel Properties LLC
since 2023
Last sale
$300,000
4 recorded transactions
Zoning & alternative use
MX-D · High Point, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
Zone name
Mixed Use Downtown
General category
MIXED_USE
Zone area
127.09 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,681
Tax year 2023
Assessed value
$495,600
Assessed 2023
Previous assessed
$495,600
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$414,100
Assessed improvement
$81,500
Land market value
$414,100
Improvement market value
$81,500
Total market value
$495,600
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
1941
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
19
Bathrooms
3
Total area
12,067 SF
Lot
0.59 ac (25,700 SF)
Zoning code
MX-D
APN
186871
UPID
US53-1654016
Jurisdiction
GUILFORD
Zoning & alternative use
MX-D · High Point, NCZoning MX-D · permitted uses
MX-D · High Point, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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
Zone name
Mixed Use Downtown
General category
MIXED_USE
Zone area
127.09 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1941
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
19
Bathrooms
3
Lot
0.59 ac
Current owner
From public records · entity-resolved
Vandessel Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1011 WICKLIFF AVE, HIGH POINT, NC 27262-3629
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2024
—
Vandessel Properties LLC
—
Deed
related
$600,000 · Pinnacle Bank
Nov 14, 2023
—
Vandessel Properties LLC
Vandessel LLC
Intrafamily Transfer
related
—
Feb 1, 2019
$300,000
Vandessel LLC
Miller,dossie K & Jewel L
Grant Deed
—
Oct 30, 2018
—
Dossie K Miller JR.
Hicks Kenneth & Betsey Trust
Quit Claim Deed
related
—
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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