Property profile

702 Grimes Ave High Point, NC 27260

OFF-MARKET
Industrial land
Property ID
US53-1365142
28,251 SF 1.37 ac lot Built 1929
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Year built 1929
Total area 28,251 SF
Lot 1.37 ac (59,677 SF)
Zoning code HI
APN 172308
UPID US53-1365142

Cap rate & NOI

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

Location

702 Grimes Ave High Point, NC 27260-6549
High Point metro Census 14300 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2023
Last sale
$215,000
1 recorded transaction
2023
$215,000

Zoning & alternative use

HI · High Point, NC
Zoning description

The HI district is established to accommodate heavy manufacturing, assembly, fabrication, processing, distribution, storage, research and development, and other industrial uses that may be large scale

General category INDUSTRIAL

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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