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Property profile & analytics
OFF-MARKET
Industrial properties
716 Gallimore Dairy Rd High Point, NC 27265-9176
Entity Owned
10-yr Hold
Free & Clear
Property ID
US53-1655171
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2001
Construction
FRAME
Total area
8,343 SF
Lot
1.99 ac (86,684 SF)
Zoning code
CU-LI
APN
207900
UPID
US53-1655171
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
-
Arbutina Properties Group Real Estate Agency
-
Machinex Techonologies Inc Industrial Manufacturer Factory
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
Arbutina Investments Greensbor · 10 yrs held
Arbutina Investments Greensbor
since 2016
5 recorded transactions
Zoning & alternative use
CU-LI · High Point, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
CU: The rezoning of land to a conditional zoning district is intended to provide a landowner and the City an alternative to rezoning the land to a general zoning district, LI: The LI district is established to accommodate light manufacturing, assembly, fabrication, processing, distribution, storage, wholesales sales, research and development, and other indus…
Zone name
Light Industrial Conditional Use
General category
INDUSTRIAL
Zone area
1,603.17 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
$8,044
Tax year 2023
Assessed value
$596,700
Assessed 2023
Previous assessed
$596,700
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$248,800
Assessed improvement
$347,900
Land market value
$248,800
Improvement market value
$347,900
Total market value
$596,700
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
2001
Construction
FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
1
Bathrooms
2
Total area
8,343 SF
Lot
1.99 ac (86,684 SF)
Zoning code
CU-LI
APN
207900
UPID
US53-1655171
Jurisdiction
GUILFORD
Zoning & alternative use
CU-LI · High Point, NCZoning CU-LI · permitted uses
CU-LI · High Point, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
CU: The rezoning of land to a conditional zoning district is intended to provide a landowner and the City an alternative to rezoning the land to a general zoning district, LI: The LI district is established to accommodate light manufacturing, assembly, fabrication, processing, distribution, storage, wholesales sales, research and development, and other industrial uses that are small scale
Zone name
Light Industrial Conditional Use
General category
INDUSTRIAL
Zone area
1,603.17 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2001
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.99 ac
Current owner
From public records · entity-resolved
Arbutina Investments Greensbor
Entity
Free & Clear · 10 yrs held
Mailing address
13200 STRICKLAND RD STE #114310, RALEIGH, NC 27613-5212
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2021
—
Arbutina Investments Greensboro LLC
—
Deed
related
$329,651 · The Fidelity Bank
Apr 18, 2018
—
Arbutina Invs Greensboro LLC
—
Deed
related
$428,000 · Suntrust Bk/tallahassee
Apr 14, 2016
$605,000
Arbutina Investments Greensbor
Williams Creek LLC
Warranty Deed
—
Nov 20, 2015
—
Williams Creek LLC
Cook,david B
Grant Deed
—
—
—
Arbutina Invs Greensboro LLC
—
Deed Of Trust
related
$428,000 · Suntrust Bk/tallahassee
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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