5000 High Point RdGreensboro, NC 27407

Property Details for 5000 High Point Rd

Year built

1988

Lot size

3.84 AC

Property size (Sq ft)

14,706 SF

Zone code

AG

Property type

Retail properties

Property subtype

Retail space

APN

139970

APU

139970

Description

Hunt Village, located at 5000 High Point Rd in Greensboro, NC, offers prime executive office space within a vibrant retail center. This 33,275 square foot building, constructed in 1988, sits on a 3.84-acre lot and boasts a convenient location, just 2.5 miles from Interstate 40 and easily accessible via the newly renovated Gate City Blvd/I-73 interchange. The property is zoned SC and features ample parking with 258 spaces. Currently, there are two available suites ranging from 2,000 to 2,399 contiguous square feet, out of a total of 4,399 square feet of vacant space. The minimum divisible space is 2,000 square feet. Hunt Village enjoys a strong tenant mix, including retailers, restaurants, and service providers, creating a thriving commercial environment. Its proximity to Sedgefield Country Club, home of the PGA Tour Wyndham Championship, adds to its desirability. The property's APN is 7842096233, and it's situated in Guilford County, zip code 27407. This presents a unique opportunity for businesses seeking high-visibility office space in a well-established and convenient location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,371,729

  6.5%

  $2,189,288

  7%

  $2,032,910

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,704,024

  Geo Method

  $8,506,550

• Alternative Use

  Use

  Valuation

  Residential

  $1,846,746

  Hospitality

  $1,691,610

  Educational

  $1,407,399

  Medical

  $1,455,802

  Retail

  $2,189,288

Location Insight

City

Greensboro

County

Guilford

State

North Carolina

Latitude

36.0251

Longitude

-79.877

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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