201 N Broad St, Winston-Salem, NC
15,600 SF building in downtown Winston-Salem for sale/lease.
- Added:
- Dec 4, 2024
- Days on Market:
- 559
- Last Refresh:
- May 20 at 8:56 pm
Property Features for 201 N Broad St
General Information
- Standard status
- Active
- Size
- 15,600 SF
- Lot size
- 0.50 Acres
- Property subtype
- OFFICE
Listing agent Cindy Christopher License #191681 (336) 926-1411
Listing office Christopher Commercial (336) 926-1411
Listing date Dec 4, 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 Christopher Commercial
HighLights
- Prime downtown location next to the Truist "Dash" baseball stadium.
- Significant size: 15,600 SF across 3 floors.
- Free on‑site parking.
- High visibility with great signage opportunity.
- Zoned Pedestrian Business (PB).
- Located in an Opportunity Zone.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $252.7k | $16.20 |
| − Vacancy | −$51.3k | −$3.29 |
| EGI | $201.4k | $12.91 |
| − OpEx | −$50.4k | −$3.23 |
| NOI | $151.1k | $9.68 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Winston-Salem
- County
- Forsyth
- State
- North Carolina
- Longitude
- -80.2042
- Latitude
- 36.1052
