Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6458 Service Rd Yadkinville, NC

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Flex space with shared dock and drive-in doors for lease.

    Type:INDUSTRIAL
    Property size:
    2,000 SF
    Lot size:
    3.47 Acres
    Price / SF:
    $1,435/SF
    Added:
    Dec 10, 2024
    Days on Market:
    507
    Last Refresh:
    Apr 5 at 8:25 pm

    Property Features for 6458 Service Rd

    General Information

    Standard status
    Active
    Size
    2,000 SF
    Lot size
    3.47 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Lee Chewning
    Lee Chewning

    Listing agent Lee Chewning License #326521

    Listing office Freeman Commercial Real Estate

    Listing date Dec 10, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Freeman Commercial Real Estate

    Overview

    New Construction Flex Space Available

    This new construction flex space on Service Road offers fully conditioned units. The property features a shared dock and drive-in doors. Clear heights range from 16 to 19 feet. The available space ranges from 1,500 to 2,000 square feet, within a total building area of approximately 15,500 square feet. The property is zoned HB and is situated on a 1.249-acre lot. The lease rate is $1,625 per month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Auto Repair Shop Hair Salon Accounting Firm Veterinary Clinic Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Yadkinville
    County
    Yadkin
    State
    North Carolina
    Longitude
    -80.6355
    Latitude
    36.1176

    Nearby Similar for Sale

    • $200,000

      Yadkinville Multi-Family Investment Opportunity

      Five rental houses on one property near Hanover Park Winery.
      3004, 3005, 3008, 3009 Rent Road, Yadkinville, NC 27055
      View Details
    • $1,550,000
      8,320 SF

      Retail Building in Yadkinville

      Freestanding 8,320 SF retail building on 1.26 acres.
      619 South State Street, Yadkinville, NC 27055
      View Details
    • $599,000

      Turnkey Office and Warehouse Opportunity

      Office building and warehouse with expansion potential in Yadkin County.
      2317 Rockford Road, Yadkinville, Yadkinville, NC 27055
      View Details
    • $1,295,000

      Yadkinville Investment Portfolio Opportunity

      Investment portfolio in Yadkinville's Central Business District.
      501 E Main Street, Yadkinville, NC 27055
      View Details
    • Contact for pricing
      51,299 SF

      Colonial Shoppes at Yadkinville

      Shopping center in Winston-Salem MSA, shadow-anchored by Tractor Supply.
      940 S State St, Yadkinville, NC 27055
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space with shared dock and drive-in doors for lease.
    Where is this flex space located?
    The property is located at 6458 Service Rd Yadkinville, NC.
    What is the asking price?
    The asking price for this property is $2,871,429.
    What are key features of this property?
    This property features: New construction flex space.; Fully conditioned units.; Shared dock access.
    (336) 655-8063 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Lee Chewning
    Lee Chewning
    Real Estate License ID: 326521
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    6458 Service Rd, Yadkinville, NC

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!