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    North Wilkesboro Flex/Industrial Property Title is generated by Realmo AI

    125 Woodhaven Road, North Wilkesboro, NC 28659

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    For Sale
    $319,000

    SINGLE_FAMILY - North Wilkesboro, NC

    Type:Office
    Property size:
    3,274 SF
    Price / SF:
    $97/SF
    Added:
    Apr 18, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 3 at 1:06 am

    Property Features for 125 Woodhaven Road

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Size
    3,274 SF

    Utilities

    Sewer type
    Septic Tank
    Water source
    Public

    Building Details

    Year built
    1972

    We can help!

    Listing Contact
    Jim Logan
    Jim Logan

    Listing agent Jim Logan License #282190

    Listing office NorthGroup Real Estate Cornelius, NC

    Listing date Apr 18, 2026

    MLS# 1215399

    Copyright © 2026 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location on a high‑traffic corridor with excellent visibility and accessibility.
    • No zoning restrictions offer exceptional flexibility for various business uses (office, retail, light industrial, etc.).
    • Includes a 2,177 SF office/showroom, a 1,097 SF warehouse, and a full basement with a roll‑up door.
    • Dual road frontage enhances accessibility for employees and customers.
    • Strategic location with strong daily traffic counts and proximity to HWY 421.
    • CCTV security system with cameras.

    Overview

    This property is located on a high-traffic corridor connecting North Wilkesboro to Elkin, offering excellent visibility, accessibility, and exposure suitable for various business uses. The site includes a 2,177 square foot office/showroom building and a 1,097 square foot warehouse. It also features a full basement with a roll-up door, a paint area, and an auxiliary storage shed. The office/showroom area includes multiple offices and two bathrooms. The property is equipped with a heat pump system, 220-amp electrical service, warehouse heating, and a CCTV security system with cameras. An established parking area and dual road frontage enhance accessibility for both employees and customers. With no zoning restrictions, the property offers exceptional flexibility for office, retail, light industrial, contractor services, or flex space, making it suitable for owner-users or investors. Its strategic location benefits from strong daily traffic counts, and proximity to HWY 421 further enhances connectivity. The property, totaling 3,274 square feet, may also be renovated or converted to a residential property, offering added versatility for live/work or investment opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    CWC Custom Cabinets Construction Company

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Hair Salon Auto Repair Shop Nail Salon Auto Parts Store Department Store Food Market HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Wilkesboro
    County
    Wilkes
    State
    North Carolina
    Longitude
    -81.045966
    Latitude
    36.210526

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    FAQs

    What type of property is this?
    Flex space - Versatile commercial property with office, warehouse, and retail potential.
    Where is this flex space located?
    The property is located at 125 Woodhaven Road North Wilkesboro, NC.
    What is the asking price?
    The asking price for this property is $319,000.
    What are key features of this property?
    This property features: Prime location on a high‑traffic corridor with excellent visibility and accessibility.; No zoning restrictions offer exceptional flexibility for various business uses (office, retail, light industrial, etc.).; Includes a **2,177 SF office/showroom**, a 1,097 SF warehouse, and a full basement with a roll‑up door.
    (336) 466-6210
    We can help!
    Listing Contact
    Jim Logan
    Jim Logan
    Real Estate License ID: 282190
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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