1581 Prospect StHigh Point, NC 27260

  • Industrial properties
  • 32,000 SF
For Lease
$5.95/SF/YR View listing

Property Details for 1581 Prospect St

Year built
1968
Construction
FRAME
Lot size
1.31 AC
Property size (Sq ft)
32,000 SF
Zone code
HI
Property type
Industrial properties
Property subtype
Other industrial properties
APN
178485
APU
178485

Description

This exceptional 42,000 square foot industrial building, situated on a 2.01-acre lot in Guilford County, presents a unique opportunity. Currently configured with two suites, one is available for immediate occupancy, offering 20,000 contiguous square feet of highly desirable manufacturing space. Built in 1968 and extensively renovated in 2021, the property boasts a 16-foot ceiling height, three dock-high doors, and ample power, making it ideal for various light assembly or distribution operations. The existing tenant occupies the other half of the building, utilizing the space for light manufacturing and distribution. The available space features exceptionally clean conditions and includes a small office area. The property is zoned HI and benefits from an excellent location near Bus 85 in South High Point, ensuring convenient access to major transportation routes. The minimum divisible space is 20,000 square feet, with a maximum contiguous space also at 20,000 square feet. This is a single-story building with a total of two suites. This property offers a blend of modern upgrades and a strategic location, making it an attractive option for businesses seeking efficient and well-maintained industrial space. Inquire today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,018,488
    Hospitality
    $3,680,913
    Educational
    $3,062,477
    Medical
    $3,167,800
    Retail
    $4,763,852
1581 Prospect St, High Point, North Carolina

Location Insight

City
High Point
County
Guilford
State
North Carolina
Latitude
35.92
Longitude
-80.0255
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
$9,898
$74,200
$660,100
$734,300
-
$74,200
$660,100
$734,300

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