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    401 Hanes Ml Rd Winston-Salem, NC 27105

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    For Sale
    Contact for pricing

    Massive Warehouse, Ideal for Distribution

    Property size:
    839,252 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, located at 401 W Hanes Mill Rd in Winston-Salem, North Carolina, offers a substantial 839,252 square feet of warehouse space. The property consists of three buildings constructed in 1960 and extensively renovated in 2005, sitting on a generous 54.5-acre lot. The property is zoned LI Limited and features a robust infrastructure to support large-scale operations. The warehouse boasts 67 dock-high doors, providing efficient loading and unloading capabilities. Ceiling heights range from 16 feet to 29 feet 6 inches, with a clear height of up to 32 feet in certain areas, accommodating a variety of storage and operational needs. The column spacing is a generous 40 feet by 40 feet. The roof is comprised of TPO, PVC, EPDM, and metal materials. Exterior walls are masonry construction. Fire safety is ensured by an ESFR sprinkler system. Ample parking is available with 160 standard car spaces, 485 trailer spaces, and dedicated dolly pads. The property benefits from three-phase power. The Forsyth County location and its proximity to major transportation arteries make this a prime location for distribution and logistics businesses. APN is 6828-07-5876. This is a rare opportunity to acquire a significant industrial asset in a thriving market.

    Property Features for 401 Hanes Ml Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    839,252 SF
    Lot Size
    2,374,020 SF

    Building Details

    Year Built/Renovated
    1960/2005
    Buildings
    3

    HighLights

    • 839,252 SF industrial warehouse in Winston‑Salem, NC.
    • Three buildings totaling 839,252 square feet on a 54.5‑acre lot.
    • Built in 1960, renovated in 2005; LI Limited zoning.
    • Features 67 dock‑high doors, 16' to 29'6" ceiling heights, and 3‑phase power.
    • Extensive parking with 160 standard spaces, 485 trailer spaces, and dolly pads.
    • Roofing includes TPO, PVC, EPDM, and metal; masonry walls; ESFR fire safety system.
    Property Profile Location Intelligence

    Current Use by Public Records

    United Furniture Industries Furniture Manufacturer UFI Transportation of NC Logistics Service

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Winston-Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.285344
    Latitude
    36.182988

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    FAQs

    What type of property is this?
    Distribution property - Massive Warehouse, Ideal for Distribution
    Where is this distribution property located?
    The property is located at 401 Hanes Ml Rd Winston-Salem, NC.
    What are key features of this property?
    This property features: 839,252 SF industrial warehouse in Winston-Salem, NC.; Three buildings totaling 839,252 square feet on a 54.5-acre lot.; Built in 1960, renovated in 2005; LI Limited zoning.
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    Realmo Value Estimation

    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.

    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.

    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
    401 Hanes Ml Rd Winston-Salem, NC 27105
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