810 Lindsay StHigh Point, NC 27262

Property Details for 810 Lindsay St

Year built

1978

Construction

FRAME

Lot size

0.82 AC

Property size (Sq ft)

8,498 SF

Zone code

OI

Property type

Office properties

Property subtype

Other office properties

APN

188292

APU

188292

Description

This exceptional 8,500-square-foot medical office building, located at 810 N Lindsay St in High Point, North Carolina, presents a compelling investment opportunity. Built in 1978 and renovated in 1992, this Class B property sits on a 1.09-acre lot in the OI zoning district. The single-story building offers excellent visibility due to its location on a heavily traveled road. The property includes 17 plumbed treatment and exam rooms, making it ideal for multiple medical practitioners or a large dental practice. The asking price is $1,200,000, translating to $141.18 per square foot. A significant advantage is the inclusion of the adjacent 218 Ray Ave parcel in the sale. This property is ready for immediate occupancy and offers a strong potential for return on investment. The property's size and layout allow for flexibility in accommodating various medical specialties. Its prime location in downtown High Point ensures high traffic and visibility, attracting a substantial patient base. The sale includes both 810 N Lindsay St and 218 Ray Ave. This is a rare opportunity to acquire a well-established medical office building with significant potential for growth. The property's features and location make it an attractive investment for both seasoned and new investors in the healthcare sector. Contact us today to schedule a showing.

• CAP approach

  CAP return

  Valuation

  6%

  $932,330

  6.5%

  $860,613

  7%

  $799,140

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,078,676

  Geo Method

  $1,439,051

• Alternative Use

  Use

  Valuation

  Residential

  $1,067,160

  Hospitality

  $977,512

  Educational

  $813,279

  Medical

  $841,249

  Retail

  $1,265,101

Location Insight

City

High Point

County

Guilford

State

North Carolina

Latitude

35.9643

Longitude

-80.0148

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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