Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2223 Shore St High Point, NC 27263

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    18,000 SF warehouse/distribution facility in a desirable area.

    Property size:
    18,000 SF
    Lot size:
    1.70 Acres

    Property Features for 2223 Shore St

    General Information

    Size
    18,000 SF
    Lot size
    1.70 Acres

    We can help!

    Listing Contact
    Dwain Skeen
    Source: Moodyscre

    Listing Agency: The Skeen Group Listing Agent: Dwain Skeen

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

    Learn more

    Overview

    18,000 SF Warehouse For Rent

    This property offers an 18,000 square foot warehouse and distribution facility. It is located in a desirable area and is intended for warehouse and distribution purposes.
    Location Intelligence

    Current Use by Public Records

    Vallerta (Bike/Boat/Book/etc) Store Petra Sports & Leisure (Bike/Boat/Book/etc) Store Gail's Accents Big Box & Wholesale Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Hair Salon Auto Repair Shop Nail Salon Big Box & Wholesale Store Gym & Fitness Center

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

    Similar Places Nearby

    Fairfield Business Park, American Self Storage- High Point South Main Street

    Location Insight

    • Map
    • Local Demand
    City
    High Point
    County
    Guilford
    State
    North Carolina
    Longitude
    -80.00323
    Latitude
    35.917107

    Nearby Similar for Lease

    • $9 SF/Yr
      2,065 SF

      Retail Space in Central Mall

      Retail space suitable for training or counseling businesses.
      1701-1703 Westchester Dr, High Point, NC 27262
      View Details
    • New
      $6 SF/Yr
      10,000 SF

      Clean Warehouse Space for Sublease

      10,000 SF exceptionally clean warehouse space available for sublease.
      648 Southwest St, High Point, NC 27260
      View Details
    • Contact for pricing

      High Point Industrial Space Available

      Industrial space with high ceilings, loading docks, and offices.
      2149 Brevard Rd, High Point, NC 27263
      View Details
    • $18 SF/Yr
      3,752 SF

      Mendenhall Oaks Office Space

      One-story office building in Mendenhall Oaks Business Park.
      4015 Meeting Way St, High Point, NC 27265
      View Details
    • $1,350 /Mo
      1,000 SF

      Eastchester Drive Office Space Available

      Office space for rent with high traffic and great exposure.
      1620-1622 Eastchester Dr, High Point, NC 27265
      View Details
    • Contact for pricing

      Retail Center Pad Site Available

      Unanchored convenience center with pad site for lease.
      3800 Tinsley Dr, High Point, NC 27265
      View Details
    • Contact for pricing

      Uptown District Retail/Office/Restaurant Space

      40,712 SF campus in High Point's Uptown District.
      1540 North Main St, High Point, NC 27262
      View Details
    • Contact for pricing

      Outparcels Near Walmart Supercenter

      Outparcels available near Walmart in High Point's employment corridor.
      109 Fraley Rd, High Point, NC 27263
      View Details
    • $13 SF/Yr
      2,688 SF

      High Point Office Space Available

      Office suites available for lease in High Point, North Carolina.
      202 N Neal Pl, High Point, NC 27262
      View Details
    • Contact for pricing
      10,919 SF

      Furnished Office Space Near Airport

      Furnished office space with flexible configurations, close to PTI Airport.
      1400 Eastchester Dr, High Point, NC 27265
      View Details
    • Contact for pricing
      8,741 SF

      Mendenhall Oaks Office Building

      One-story office building with easy highway and airport access.
      4194 Mendenhall Oaks Pkwy, High Point, NC 27265
      View Details
    • Contact for pricing
      10,688 SF

      High Point Office Building For Rent

      Three-story office building with easy highway and airport access.
      4100 Mendenhall Oaks Pkwy, High Point, NC 27265
      View Details

    FAQs

    What type of property is this?
    Warehouse - 18,000 SF warehouse/distribution facility in a desirable area.
    Where is this warehouse located?
    The property is located at 2223 Shore St High Point, NC.
    What are key features of this property?
    This property features: - 18,000 SF Warehouse/Distribution Facility; - Desirable Area; - Warehouse/Distribution Facility
    (336) 803-1545 Call to check price and availability
    Request Owner's contact information
    2223 Shore St High Point, NC 27263
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2223 Shore St
    High Point, NC 27263
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2223 Shore St High Point, NC 27263
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Dwain Skeen
    (336) 803-1545 (336) 878-5170
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!