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    1948 Green Dr High Point, NC 27260

    Sponsored
    For Lease
    $5 SF/Yr

    Industrial warehouse space, High Point, NC. Prime location, immediate occupancy.

    Lot size:
    51,136 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial warehouse property, located at 1948 W Green Dr in High Point, North Carolina, offers 51,136 total square feet of space within a two-suite building. Currently, 17,695 square feet are immediately available for lease, representing a significant opportunity for businesses seeking flexible warehouse solutions. The minimum divisible space is 17,695 square feet, while the maximum contiguous space available is the entire 51,136 square feet. Built in 1958 and renovated in 1986, the building features four dock-high doors, ensuring efficient loading and unloading operations. The property sits on 2.18 acres of land and is zoned LI, providing flexibility for various industrial uses. Its strategic location on West Green Drive offers convenient access to Interstate Business 85 and Highway 29, enhancing logistical efficiency and accessibility for businesses. This warehouse presents a compelling opportunity for businesses seeking a well-maintained, conveniently located industrial space in the thriving High Point market within Guilford County, North Carolina, and boasts a zip code of 27260.

    Property Features for 1948 Green Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    51,136 SF
    Total Rate
    25354.93

    Building Details

    Year Built/Renovated
    1958/1986

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    17,695 SF
    Rate per SF
    $5

    HighLights

    • Three dock‑high loading doors.
    Property Profile Location Intelligence

    Current Use by Public Records

    eFabricSolutions.com Fabric Wholesaler P Collins Ltd ... Fabric Store

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Hair Salon Auto Repair Shop Wholesale Shop Clothing Store Nail Salon

    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
    -80.01538216627
    Latitude
    35.932726008277

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    FAQs

    What type of property is this?
    Distribution property - Industrial warehouse space, High Point, NC. Prime location, immediate occupancy.
    Where is this distribution property located?
    The property is located at 1948 Green Dr High Point, NC.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: Three dock-high loading doors.; ;
    Request Owner's contact information
    1948 Green Dr High Point, NC 27260
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    High Point, NC 27260
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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.

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    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
    1948 Green Dr High Point, NC 27260
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