Property profile

2924 Nc-68 High Point, NC 27265

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional commercial land opportunity presents prime development pads along heavily trafficked NC Highway 68 in High Point, North Carolina's Airport submarket. The property is zoned as a Planned Unit Development (PUD), offering significant flexibility for a variety of uses. Ideal for businesses seeking high visibility and convenient access, the site allows for the construction of office spaces, retail establishments, medical offices, hotels, daycare centers, fitness facilities, and restaurants (both major and minor, including drive-through quick-service restaurants). Additionally, the zoning permits major self-storage facilities with internal access and microbreweries. The address is 2924 NC-68, High Point, NC 27265, conveniently located near the airport. A ground lease is preferred for this development opportunity. This location boasts excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in a thriving area. The property's strategic placement ensures high traffic volume and exposure to a large customer base. The flexible zoning regulations provide developers with the freedom to tailor their projects to specific needs and market demands, maximizing the potential for return on investment. This is a rare chance to secure a prominent location in a rapidly growing area. Contact us today to learn more about this exciting development opportunity.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

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

Location

2924 Nc-68 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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