Flex Building with Office and
130 Back Forty Drive Winston Salem, NC 27127
130 Back Forty Drive, Winston Salem, NC, 27127
$775,000
For Sale
$775,000
Flex building offers conditioned warehouse space with two drive-in doors plus office amenities including reception, private offices, and conference room.
Property Size5,000 SF
Lot Size1.00 Acre
Price / SF$155
Days on Market28
Property Features for 130 Back Forty Drive
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 1.00 Acre
- Property subtype
- Office
Building Details
- Year Built
- 1996
Listing agency
(828) 406-6858
Listed by
Taryne Seatz
Source
Ltpcommercial
Added: Jun 25 Updated: Jul 21 at 6:29AM Checked: Jul 21 at 6:29AM
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 Taryne Seatz
Investment Insights
Based on property information with market context.
This flex building combines office and fully conditioned warehouse space on a 1-acre site. The office component includes a reception area, eight private offices, a large conference room, and a kitchen area. The warehouse portion is fully conditioned and supported by two drive-in doors, along with a fenced area at the rear of the building.
The property is located right off US-52 and provides ample onsite parking for staff and visitors. It is configured to support both back-of-house warehouse needs and day-to-day office functions within the same facility.
With dedicated office space, a large conference room, and drive-in access to a conditioned warehouse area, the layout is well-suited for companies that need integrated administrative and operational space under one roof.
The property is located right off US-52 and provides ample onsite parking for staff and visitors. It is configured to support both back-of-house warehouse needs and day-to-day office functions within the same facility.
With dedicated office space, a large conference room, and drive-in access to a conditioned warehouse area, the layout is well-suited for companies that need integrated administrative and operational space under one roof.
Key Highlights
- 1996‑built flex building on 1 acre with 3,200 SF of office space and 1,800 SF fully‑conditioned warehouse space
- Office amenities include a reception area, 8 private offices, large conference room, and kitchen area
- Warehouse features two drive‑in doors for loading and access
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 | $99.6k | $19.92 |
| − Vacancy | −$20.4k | −$4.08 |
| EGI | $79.2k | $15.84 |
| − OpEx | −$19.8k | −$3.96 |
| NOI | $59.4k | $11.88 |
5,000 SF · lease $19.92/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$848.4K
$742.3K – $989.8K
NOI $59,387 @ 7.0% cap · market cap 7.66%
Second Best
Warehouse
$458.4K
$401.1K – $534.8K
NOI $32,086 @ 7.0% cap · market cap 4.14%
Theoretical Best
Specialty Retail
$1.29M
$1.13M – $1.51M
NOI $90,418 @ 7.0% cap · market cap 11.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Harco Printing Inc
Marketing & Advertising
B&B Contracting
Construction Company
Paul Davis Restoration ...
General Contractor
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FAQs
What type of property is this?
Flex space - Flex building offers conditioned warehouse space with two drive-in doors plus office amenities including reception, private offices, and conference room.
Where is this flex space located?
The property is located at 130 Back Forty Drive Winston Salem, NC.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 1996‑built flex building on 1 acre with 3,200 SF of office space and 1,800 SF fully‑conditioned warehouse space; Office amenities include a reception area, 8 private offices, large conference room, and kitchen area; Warehouse features two drive‑in doors for loading and access