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    2401 Penny Rd High Point, NC 27265

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    For Lease
    $18 SF/Yr ($1,575 /Mo)

    1,050 SF retail space in a visible location.

    Property size:
    1,050 SF
    Lot size:
    0.91 Acres

    Property Features for 2401 Penny Rd

    General Information

    Size
    1,050 SF
    Lot size
    0.91 Acres

    Source: Brown Investment Properties Agent Brian E Burnham

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in High Point

    This 1,050 square-foot retail space, formerly a smoothie shop, features an open layout. It is situated at a heavily visible traffic intersection and benefits from neighboring businesses, including Chic-Fil-A, Panera Bread, and Kickback Jacks. The property is located on Penny Rd in High Point, NC.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lumière Salon Suites Beauty Salon Best Brains Learning ... Learning Center singha 2 thai ... Thai Restaurant Affordable Auto Insurance Commercial Agent Diagnostic Center For Men Medical Laboratory

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    High Point
    County
    Guilford
    State
    North Carolina
    Longitude
    -79.9652233
    Latitude
    36.0347083

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    FAQs

    What type of property is this?
    Retail space - 1,050 SF retail space in a visible location.
    Where is this retail space located?
    The property is located at 2401 Penny Rd High Point, NC.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location at a busy traffic intersection.; - Open 1,050 SF office retail space.; - Former smoothie shop – potential for similar business or easy conversion.
    (336) 362-5612
    Request Owner's contact information
    2401 Penny Rd High Point, NC 27265
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2401 Penny Rd High Point, NC 27265
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