4525 Premier DrHigh Point, NC 27265

Property Details for 4525 Premier Dr

Lot size

1.76 AC

Zone code

CU-LB

Property type

Commercial real estate

APN

206251

APU

206251

Description

This exceptional two-acre commercial land parcel presents a prime retail investment opportunity in High Point, North Carolina. Located at 4525 Premier Drive, this single-tenant property offers significant potential for development or redevelopment. Situated in Guilford County, zip code 27265, the property's convenient location provides easy access to major transportation routes and a thriving local market. The site is classified as retail land and is ideal for a variety of commercial uses. The address is clearly visible from the road, ensuring high visibility for any business established here. With its expansive two-acre footprint, this property offers ample space for construction of a substantial building, allowing for flexibility in design and functionality. The property's zoning and permitted uses should be verified independently. This is a rare opportunity to acquire a sizable, well-located commercial parcel in a growing area. Prospective buyers are encouraged to conduct their own due diligence to assess the property's suitability for their specific business needs and development plans. The property is currently vacant and ready for immediate development. This presents a unique chance to shape the future of this valuable commercial site. Detailed site plans and surveys are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $9,532,650

  6.5%

  $8,799,370

  7%

  $8,170,840

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,731,440

  Geo Method

  $17,597,900

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $19,635,000

  Retail / Commercial

  $9,616,320

  Mixed-Use / Specialty

  $9,225,510

  Hospitality / Lodging

  $6,304,290

  Office

  $8,799,370

  Institutional / Educational

  $9,463,400

  Residential Income

  $11,072,200

  Multifamily

  $15,255,800

  Automotive / Energy

  $8,111,480

  Parking / Income-Based Land

  $3,151,410

  Restaurant / Food Service

  $4,037,380

  Healthcare / Senior Housing

  $9,826,200

Location Insight

City

High Point

County

Guilford

State

North Carolina

Latitude

36.0345

Longitude

-79.9506

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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