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Property profile

1311 2 St High Point, NC 27265

OFF-MARKET
Warehouses
70,000 SF 11 ac lot
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Property summary

AI-generated overview

This exceptional 70,000-square-foot industrial warehouse is available for sale at $3,155,000. Situated on an expansive 11-acre lot in Siler City, North Carolina, this property offers significant potential for a wide range of industrial operations. The warehouse features three loading docks and one drive-in door, ensuring efficient loading and unloading of goods. The interior boasts impressive ceiling heights ranging from 22 to 32 feet, providing ample vertical space for storage and operations. Modern LED lighting is installed throughout, maximizing energy efficiency. The property also benefits from 1,600a/480v 1p heavy power and readily available gas. An additional 11,000 square feet is available for lease within the building. This prime location offers easy access to major transportation routes and is strategically positioned just five miles from the Chatham Advanced Siler City Megasite (Wolfspeed) and 17 miles from the Greensboro Randolph Megasite (Toyota), providing excellent connectivity to key industrial hubs. The property is currently vacant, presenting an immediate opportunity for occupancy. This is a rare opportunity to acquire a substantial industrial property in a rapidly growing area. The property is located at 1311 N Second St, Siler City, NC 27265.

Property profile

Verified
Property type Warehouses
Total area 70,000 SF
Lot 11 ac (479,160 SF)

Cap rate & NOI

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

Location

1311 2 St High Point, NC 27265
High Point metro
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Value estimations

Realmo proprietary · 4 methods
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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
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