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    1255 Hickory Chapel Rd High Point, NC 27260

    Sponsored
    For Sale
    $77,500

    2.17-acre commercial lot, I-74 frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.17-acre commercial land parcel presents a unique investment opportunity in High Point, North Carolina. Strategically located on Hickory Chapel Road, this property boasts approximately 600 feet of high-visibility frontage along Interstate 74, a major thoroughfare with a significant average annual daily traffic count of 45,000 vehicles (2017 data). The property is zoned LI (Light Industrial), offering versatility for a range of commercial development projects. The asking price is $77,500, representing a compelling value for its size, location, and zoning. Alternatively, a ground lease option is available at $800 per month (NNN). This prime location provides excellent exposure and accessibility, making it ideal for businesses seeking high visibility and convenient access to major transportation routes. The property's size and zoning allow for considerable flexibility in development plans, catering to a variety of light industrial uses. Situated in Guilford County, North Carolina, with a 27260 zip code, this property offers a strong foundation for future growth and profitability. Detailed site plans and zoning information are readily available upon request.

    Property Features for 1255 Hickory Chapel Rd

    General Information

    Property type
    Land
    Lot Size
    94,525 SF

    HighLights

    • 2.17 +/- acres
    • Sale Price: $77,500
    • Ground Lease: $800/month NNN
    • 600 ft. of I‑74 frontage (45,000 AADT in 2017)
    • LI Light Industrial Zoning
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -79.9740039
    Latitude
    35.951711

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    FAQs

    What type of property is this?
    Land - 2.17-acre commercial lot, I-74 frontage.
    Where is this land located?
    The property is located at 1255 Hickory Chapel Rd High Point, NC.
    What is the asking price?
    The asking price for this property is $77,500.
    What are key features of this property?
    This property features: 2.17 +/- acres; Sale Price: $77,500; Ground Lease: $800/month NNN
    (336) 380-0800
    Request Owner's contact information
    1255 Hickory Chapel Rd 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.

    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
    1255 Hickory Chapel Rd High Point, NC 27260
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