4550 Premier DrHigh Point, NC 27265

Property Details for 4550 Premier Dr

Lot size

9.34 AC

Zone code

CU-LI

Property type

Office properties

APN

206203

APU

206203

Description

This exceptional 9-acre commercial property presents a unique investment opportunity in High Point, North Carolina. Located at 4550 Premier Dr, in Guilford County, zip code 27265, this single-tenant site is ideally suited for a variety of retail or restaurant uses. The property's expansive acreage offers significant potential for development and expansion, catering to businesses seeking a prominent location with ample space. Its zoning (not specified in provided data) would need to be verified by the prospective buyer to ensure compatibility with their intended use. The property's address is easily accessible, providing excellent visibility and convenient access for customers and employees. Given its size and location, this property represents a rare chance to acquire a substantial commercial parcel in a thriving area of High Point. The existing structure (if any) and its condition are not detailed in the provided information and would require further investigation. Serious inquiries are encouraged to conduct due diligence and explore the possibilities this prime location offers. The property is classified as retail, land, and restaurant use, suggesting versatility in potential development. Further details regarding utilities, environmental assessments, and any existing leases are not included in this listing and should be obtained through independent verification. This property is offered as-is.

• CAP approach

  CAP return

  Valuation

  6%

  $50,587,700

  6.5%

  $46,696,400

  7%

  $43,360,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $51,642,700

  Geo Method

  $93,388,400

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $104,199,000

  Retail / Commercial

  $51,031,700

  Mixed-Use / Specialty

  $48,957,800

  Hospitality / Lodging

  $33,455,500

  Institutional / Educational

  $50,220,200

  Residential Income

  $58,757,600

  Multifamily

  $80,959,500

  Automotive / Energy

  $43,045,900

  Parking / Income-Based Land

  $16,723,800

  Restaurant / Food Service

  $21,425,500

  Healthcare / Senior Housing

  $52,145,500

Location Insight

City

High Point

County

Guilford

State

North Carolina

Latitude

36.0344

Longitude

-79.953

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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