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    3425 Thomasville Rd Winston-Salem, NC 27107

    Sponsored
    For Lease
    $8 SF/Yr ($14,666 /Mo)

    22,000 SF Flex Warehouse, I-40 Access

    Lot size:
    22,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 22,000-square-foot single-tenant industrial flex warehouse is ideally situated in Winston-Salem, North Carolina, at 3425 Thomasville Road, zip code 27107. The property boasts a convenient location less than half a mile from the I-40 interchange, offering easy access to major transportation routes. The building features a total of nine drive-in doors: four at the front and five at the rear, each measuring 10.5 feet by 10.5 feet. The building includes approximately 503 square feet of conditioned office space. This single-story structure sits on a 2.14-acre lot with over 225 feet of road frontage on Thomasville Road. The property is zoned GI/HB. A significant advantage is the existing billboard lease with Fairway Outdoor Advertising, which will be assigned to the buyer at closing. Note that the seller will impose a deed restriction at closing, prohibiting the sale of building supplies on or within the property. This presents a unique opportunity for a variety of businesses seeking a well-located, functional industrial space with added income potential from the billboard lease.

    Property Features for 3425 Thomasville Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,000 SF
    Total Rate
    14666.67

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    22,000 SF
    Rate per SF
    $8
    Property Profile Location Intelligence

    Current Use by Public Records

    Southside Building Center Flooring Store

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

    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
    -80.2081689
    Latitude
    36.0553206

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    FAQs

    What type of property is this?
    Distribution property - 22,000 SF Flex Warehouse, I-40 Access
    Where is this distribution property located?
    The property is located at 3425 Thomasville Rd Winston-Salem, NC.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    Request Owner's contact information
    3425 Thomasville Rd Winston-Salem, NC 27107
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    Winston-Salem, NC 27107
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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
    3425 Thomasville Rd Winston-Salem, NC 27107
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