Property profile

5948 Mendenhall Rd High Point, NC 27263

OFF-MARKET
Medical Office Space
Property ID
US53-4894966
12,298 SF 3.96 ac lot Built 2016
Individually Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2016
Total area 12,298 SF
Lot 3.96 ac (172,498 SF)
Zoning code HC
APN 7708430105
UPID US53-4894966

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic

Location

5948 Mendenhall Rd High Point, NC 27263
High Point metro Census 31601 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$1.19M

Owner & transaction history

since 2015
1 recorded transaction
2015
$235,000

Zoning & alternative use

HC · High Point, NC
Top alternative use upside
Commercial (general) $1.3M +56.5%
Auto repair, garage $1.0M +25.2%
Apartment house (5+ units) $1.0M +24.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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