1677 Westchester DrHigh Point, NC 27262

Property Details for 1677 Westchester Dr

Year built

1987

Lot size

10.22 AC

Property size (Sq ft)

11,050 SF

Zone code

CU-SC

Property type

Retail space

APN

194040

APU

194040

Description

Westchester Commons, located at 1677 Westchester Drive in High Point, North Carolina, presents a prime retail leasing opportunity. This established shopping center boasts a total of 81,685 square feet across nine stories, offering a vibrant and busy commercial environment. Currently, there is 1,400 square feet of vacant space available, perfect for a variety of retail or service businesses. Situated in Guilford County, this property benefits from high visibility and significant foot traffic, making it an ideal location to establish or expand your business. The address is easily accessible, providing convenient access for customers and employees alike. The property's multi-tenant nature fosters a collaborative atmosphere and shared amenities. This space is ready for immediate occupancy and presents a unique chance to become part of a thriving commercial hub in High Point. The zip code is 27262. The property is classified as a shopping center and offers a blend of retail and office space. Don't miss this chance to secure your place in this successful commercial center.

• CAP approach

  CAP return

  Valuation

  6%

  $1,501,520

  6.5%

  $1,386,020

  7%

  $1,287,010

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,458,710

  Geo Method

  $1,946,060

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,830,030

  Mixed-Use / Specialty

  $1,329,690

  Hospitality / Lodging

  $908,648

  Office

  $1,268,270

  Institutional / Educational

  $1,363,980

  Residential Income

  $1,595,850

  Multifamily

  $2,198,850

  Automotive / Energy

  $1,169,120

  Parking / Income-Based Land

  $454,218

  Restaurant / Food Service

  $581,914

  Healthcare / Senior Housing

  $1,416,270

Location Insight

City

High Point

County

Guilford

State

North Carolina

Latitude

35.95

Longitude

-80.0317

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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