Property profile

711 Lexington Ave A High Point, NC 27262

OFF-MARKET
Commercial real estate
Property ID
US53-1238254
1,540 SF 0.15 ac lot Built 1955
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1955
Total area 1,540 SF
Lot 0.15 ac (6,534 SF)
Zoning code LB
APN 193444
UPID US53-1238254

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
  • (Bike/Boat/Book/etc) Store

Location

711 Lexington Ave, Unit A High Point, NC 27262-2407
High Point metro Census 13700 GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Zoning & alternative use

LB · High Point, NC
Zoning description

The LB district is established to primarily accommodate low to moderate intensity office, retail, and personal service uses adjacent to and within residential neighborhoods

General category COMMERCIAL

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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