1224 Elon Pl, High Point, NC 27263
For Sale
This exceptional 9.18-acre industrial land parcel presents a unique investment opportunity in High Point, North Carolina. Strategically located with 650 feet of frontage on I-85 Business, this property offers unparalleled accessibility and visibility. The land is zoned for light industrial use, providing flexibility for a variety of development projects. All essential utilities are readily available, including city water and sewer services, and electricity provided by Duke Energy. The asking price for this highly desirable property is $550,000. Given its prime location, convenient access to major transportation routes, and readily available utilities, this site is ideal for businesses seeking a strategic location for expansion or new construction. The substantial lot size allows for significant development potential, making it an attractive proposition for investors and developers alike. This is a rare opportunity to acquire a sizable, well-located industrial land parcel in a thriving North Carolina market. The property is situated in Guilford County, North Carolina, with the address listed as 1224 Elon Place, High Point, NC 27263. This location offers easy access to a skilled workforce and a robust local economy. Don't miss this chance to secure this exceptional industrial land offering.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LI · High Point, NCHigh Point. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.