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    1948 Green Dr High Point, NC 27260

    • Industrial properties
    • 51,136 SF
    • 2.18 lot acres
    For Lease
    View listing
    $5 SF/Yr
    Value Estimation
    $820,000
    Location Intelligence
    Property ID
    US53-1641979
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • eFabricSolutions.com / Fabric Store / Fabric Wholesaler
    • P Collins Ltd Fabrics / Fabric Store

    Property Details for 1948 Green Dr

    Year built
    1958
    Construction
    FRAME
    Lot size
    2.18 lot acres
    Property size
    51,136 SF
    Zone code
    LI
    Property type
    Industrial properties
    APN
    178571
    APU
    178571

    Description

    This exceptional industrial warehouse property, located at 1948 W Green Dr in High Point, North Carolina, offers 51,136 total square feet of space within a two-suite building. Currently, 17,695 square feet are immediately available for lease, representing a significant opportunity for businesses seeking flexible warehouse solutions. The minimum divisible space is 17,695 square feet, while the maximum contiguous space available is the entire 51,136 square feet. Built in 1958 and renovated in 1986, the building features four dock-high doors, ensuring efficient loading and unloading operations. The property sits on 2.18 acres of land and is zoned LI, providing flexibility for various industrial uses. Its strategic location on West Green Drive offers convenient access to Interstate Business 85 and Highway 29, enhancing logistical efficiency and accessibility for businesses. This warehouse presents a compelling opportunity for businesses seeking a well-maintained, conveniently located industrial space in the thriving High Point market within Guilford County, North Carolina, and boasts a zip code of 27260.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $930,000

    • CAP approach

      CAP return
      Estimation
      6%
      $725,000
      6.5%
      $735,000
      7%
      $710,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $790,000
      Geo Method
      $680,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $815,000
      Retail
      $755,000
      Mixed-Use
      $690,000
      Hospitality
      $675,000
      Educational
      $820,000
      Residential Income
      $770,000
      Energy
      $770,000
      Income-Based Land
      $620,000
      Food Service
      $745,000

    Location Insight

    • Map
    • Local Demand
    City
    High Point
    County
    Guilford
    State
    North Carolina
    Longitude
    -80.0165
    Latitude
    35.9326
    CBSA code
    24660
    CBSA name
    GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $13,169
    $95,200
    $881,700
    $976,900
    -
    $95,200
    $881,700
    $976,900

    Comparable in this City

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    • Contact for pricing
      43,548 SF

      High Point Industrial Warehouse Space

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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
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