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    FOR LEASE
    Industrial properties

    401 W Hanes Mill Rd, Winston-Salem, NC 27105

    673,668 SF 53.71 ac lot Built 1960
    Individually Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US53-2792163
    Property summary
    AI-generated overview

    This exceptional 839,252-square-foot industrial facility, located at 401 W Hanes Mill Road in Winston-Salem, North Carolina, presents a significant opportunity for businesses seeking expansive warehouse, manufacturing, or distribution space. The property, situated on 54.4 acres, features a single, one-story building constructed in 1960 and extensively renovated in 2005. The entire 839,252 square feet is currently vacant and available for lease or sale, offering flexibility for various operational needs. The space is divisible to a minimum of 100,000 square feet, accommodating businesses of different scales. Ceiling heights range from 16 feet to 29 feet 6 inches, providing ample vertical clearance for storage and operations. The property boasts 67 loading docks and extensive parking, including 160 standard spaces and 485 trailer spaces, ensuring efficient logistics. Heavy power is available to support demanding industrial processes. The property is zoned LI Limited and its Forsyth County APN is 6828-07-5876. This Class B building offers a compelling combination of size, functionality, and location, making it an ideal choice for a wide range of industrial users. The property's strategic location in Winston-Salem, NC, provides easy access to major transportation routes, enhancing distribution capabilities. Contact us today to learn more about this exceptional opportunity.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1960
    Construction BRICK
    Total area 673,668 SF
    Lot 53.71 ac (2,339,608 SF)
    Zoning code GB-L
    APN 6828-08-7028.00
    UPID US53-2792163
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • United Furniture Industries Production Facility Factory
    • UFI Transportation of NC Logistics Company Freight Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $9.32M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $8.54M
    Owner & transaction history
    Phoenix Winston Salem Nc Industrial · 2 yrs held
    Phoenix Winston Salem Nc Industrial
    since 2023
    Last sale
    $7.8M
    6 recorded transactions
    2026
    2025
    2023
    $15.5M
    2022
    2017
    $10.9M
    2016
    Zoning & alternative use
    GB-L · Winston Salem, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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