1218 Hickory Chapel RdHigh Point, NC 27260

Property Details for 1218 Hickory Chapel Rd

Year built

1972

Lot size

4.40 AC

Property size (Sq ft)

45,197 SF

Zone code

LI

Property type

Industrial properties

Property subtype

Other industrial properties

APN

177001

APU

177001

Description

This exceptional industrial portfolio in High Point, North Carolina, presents a compelling owner-user opportunity. Comprising three buildings totaling approximately 80,500 square feet situated on 7.64 acres of land, this property offers significant flexibility. The buildings, constructed in 1972, 1982, and renovated in 1995, are strategically located at 1200, 1210, and 1218 Hickory Chapel Rd, High Point, NC 27260, within Guilford County. The property is zoned LI and RM-16, providing versatility for various industrial uses. Building 1218 boasts six dock-high doors, three grade-level doors, and clear heights ranging from 10'7" to 11'7". Building 1210 features three dock-high doors and clear heights between 11'4" and 12'9", while Building 1200 offers two dock-high doors and 11'9" clear heights. All buildings are equipped with sprinkler systems and 240-volt, 3-phase power; Building 1218 also has 600-volt, 3-phase power. The property's location provides convenient access to major interstates and the Piedmont Triad International Airport (GSO). With approximately 77% of the total space dedicated to warehouse use, this portfolio is priced at $3,700,000, or $46 per square foot, significantly below replacement cost. The submarket vacancy rate is less than 3%, indicating high demand for industrial facilities in the Triad area. This is a rare opportunity to acquire a well-maintained, strategically located industrial portfolio in a thriving market. The property is currently vacant.

• Alternative Use

  Use

  Valuation

  Residential

  $5,675,738

  Hospitality

  $5,198,945

  Educational

  $4,325,461

  Medical

  $4,474,220

  Retail

  $6,728,495

Location Insight

City

High Point

County

Guilford

State

North Carolina

Latitude

35.9538

Longitude

-79.9704

CBSA code

24660

CBSA name

GREENSBORO-HIGH POINT, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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