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    5605 Hilltop Rd Jamestown, NC 27282-9396
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    Property profile & analytics

    5605 Hilltop Rd Jamestown, NC 27282-9396

    View on Map
    • Office Spaces
    • 4,203 SF
    • 1.18 lot acres
    Off-Market
    Property ID
    US53-0961649
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $825,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 5605 Hilltop Rd

    Year built
    2008
    Construction
    FRAME
    Lot size
    1.18 lot acres
    Property size
    4,203 SF
    Zone code
    AG
    Property type
    Office Spaces
    APN
    155090
    APU
    155090

    Description

    This exceptional 4,104 square foot traditional office building is available for lease at 5605 Hilltop Rd, Jamestown, NC 27282. Situated on a 1.18-acre lot, this single-tenant property offers significant space and privacy. The building boasts 16 parking spaces, providing convenient access for employees and clients. The interior is entirely vacant, allowing for complete customization to suit your business needs. The property is zoned CU-LB, offering flexibility for various commercial uses. Located in Guilford County, this Jamestown address provides easy access to major transportation routes, making it an ideal location for businesses seeking a convenient and functional workspace. The building's substantial size and ample parking make it a highly attractive option for companies requiring significant space and convenient parking for staff and visitors. This is a rare opportunity to secure a well-located, spacious office building in a desirable area. The property is ready for immediate occupancy, allowing for a quick and efficient transition for your business. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $710,000
      6.5%
      $655,000
      7%
      $610,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,005,000
      Market price range: $354k - $1.02M
      AI Estimate
      $813,000
      Market price range: $254k - $824k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $635,000
      Current use
      RETAIL STORES
      $820,000
      Change: +30% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Jamestown
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.9194
    Latitude
    36.0388
    CBSA code
    24660
    CBSA name
    GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,941
    $257,000
    $594,100
    $851,100
    -
    $257,000
    $594,100
    $851,100

    Comparable in this City

    • Value Estimation by Request
      1,440 SF

      725 Main St Ste F

      OFFICE (GENERAL) • 1,440 SF
      725 Main St Ste F, Jamestown, NC 27282-7507
      View Details
    • Value Estimation
      $950,000
      4,893 SF

      207 Main St

      OFFICE (GENERAL) • 4,893 SF
      207 Main St, Jamestown, NC 27282-9552
      View Details
    • Value Estimation by Request
      2,688 SF

      120 Main St

      OFFICE (GENERAL) • 2,688 SF
      120 Main St, Jamestown, NC 27282-9531
      View Details
    • Value Estimation
      $1,020,000
      7,728 SF

      1228 Guilford College Rd

      OFFICE (GENERAL) • 7,728 SF
      1228 Guilford College Rd, Jamestown, NC 27282-9830
      View Details
    • Value Estimation by Request
      1,440 SF

      720 Main St Ste A

      OFFICE (GENERAL) • 1,440 SF
      720 Main St Ste A, Jamestown, NC 27282-9500
      View Details
    • Value Estimation by Request
      1,464 SF

      725 Main St Ste A

      OFFICE (GENERAL) • 1,464 SF
      725 Main St Ste A, Jamestown, NC 27282-7507
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,104 SF

      Former Bank Branch with Drive-Thru

      Office space with drive-thru, suitable for financial institutions.
      5605 Hilltop Rd, Greensboro, NC 27282
      View Details
    • $1,070,000

      Office Spaces in Jamestown, NC

      Six office spaces across three buildings, investment opportunity.
      720 W Main St, Jamestown, NC 27282
      View Details
    • Contact for pricing

      32 Acres Agricultural Land Jamestown

      32.05 acres of agricultural land with water and sewer.
      4140 Kivett Dr, Jamestown, NC 27282
      View Details
    • $650,000
      7.94 Acres

      7.94 Acres in Jamestown, NC

      Exceptional 7.94-acre property in historic Jamestown, North Carolina.
      120 Brookberry Dr, Jamestown, NC 27282
      View Details
    • Contact for pricing

      Jamestown Land for Development

      2.5 acres in Jamestown, ideal for development or custom home.
      201 Ragsdale Rd, Jamestown, NC 27282
      View Details
    • Contact for pricing
      12,080 SF

      Retail/Flex Site For Sale

      Fully stabilized retail/flex site, ideal for investors or owner-users.
      810 W Main St, Jamestown, NC 27282
      View Details
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    Jamestown, NC 27282-9396
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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