2100 Martin Luther King Dr High Point, NC 27260
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.
Cap rate
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Property description
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