Technical
Financial
Distress signals
Property profile

2100 Martin Luther King Dr High Point, NC 27260

OFF-MARKET
Warehouses
145,000 SF 7.46 ac lot Built 1960
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 150,000-square-foot industrial property, located at 2100 E Martin Luther King Dr in High Point, North Carolina (27260), presents a unique investment opportunity. Situated on a 7.46-acre lot, this former Hatteras Yacht facility offers a versatile space suitable for distribution, manufacturing, or warehouse operations. The property features one single-story building constructed between 1960 and the 1980s, currently vacant and being sold AS-IS. The building boasts a range of ceiling heights, including areas with 30-32 foot, 26-28 foot, and 18-20 foot clearances. Six loading docks and six dock-high doors provide ample access for efficient material handling. A significant highlight is a 44,000-square-foot high-bay area featuring 31-foot ceilings and multiple 2-ton and 3-ton overhead cranes. Two large (23'H x 20'W) drive-in doors face E Martin Luther King Jr Dr, complemented by a unique 38' wide x 30' high drive-out onto a platform leading to a dock-high area. The property includes 50 parking spaces and is zoned LI (Light Industrial). The asking price is $3,950,000. The property's size reflects potential demolition to create a paved lay-down yard and/or space for flex space conversion. The APN is 181411.

Property profile

Verified
Property type Warehouses
Year built 1960
Total area 145,000 SF
Lot 7.46 ac (324,958 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2100 Martin Luther King Dr High Point, NC 27260
High Point metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2100 Martin Luther King Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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