3904 Sedgebrook StHigh Point, NC 27265

  • Commercial real estate
  • 1.16 AC

Property Details for 3904 Sedgebrook St

Lot size
1.16 AC
Zone code
CU-HB
Property type
Commercial real estate
APN
210066
APU
210066

Description

This 1.16-acre commercial parcel in High Point, North Carolina, presents a remarkable retail development opportunity. Situated on Sedgebrook Street, this property boasts excellent visibility and accessibility from Eastchester Drive, a major thoroughfare with approximately 31,923 vehicles passing daily. The site is ideally positioned within one of High Point's fastest-growing retail corridors, surrounded by established businesses including Sheetz, City Barbeque, Taco Bell, Wendy's, Bojangles, Valvoline, NAPA, and Waffle House. This location offers significant potential for various retail uses, such as a car wash, bank, quick-service restaurant (QSR), or medical facility. The property is available for ground lease, build-to-suit arrangements, or outright sale. The property's Assessed Parcel Number (APN) is 210066. Interested parties should inquire for pricing details. This is a rare chance to acquire a highly visible and strategically located parcel in a thriving retail area. The property's shared access from the lighted intersection ensures convenient ingress and egress. Don't miss this exceptional opportunity to establish your business in a high-traffic, high-visibility location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,282,900
    6.5%
    $5,799,600
    7%
    $5,385,340
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,413,920
    Geo Method
    $11,598,700
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $12,941,300
    Retail / Commercial
    $6,338,040
    Mixed-Use / Specialty
    $6,080,470
    Hospitality / Lodging
    $4,155,110
    Office
    $5,799,600
    Institutional / Educational
    $6,237,260
    Residential Income
    $7,297,590
    Multifamily
    $10,055,000
    Automotive / Energy
    $5,346,220
    Parking / Income-Based Land
    $2,077,070
    Restaurant / Food Service
    $2,661,010
    Healthcare / Senior Housing
    $6,476,370

Location Insight

City
High Point
County
Guilford
State
North Carolina
Latitude
36.0601
Longitude
-79.9625
CBSA code
24660
CBSA name
GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,272
$374,400
-
$374,400
-
$374,400
-
$374,400

FAQs

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Please email our support team at [email protected] and they will add the team member.
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