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    1539 Waughtown St Winston-Salem, NC 27107

    For Lease
    $4 SF/Yr

    Forsyth County industrial flex space, 25,207-96,248 SF

    Lot size:
    96,248 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Forsyth County industrial property, located at 1539 Waughtown Street, offers a versatile 96,248 square foot flex space, divisible to a minimum of 25,207 square feet. The property comprises four suites within a single building constructed in 1974, situated on a generous 9.06-acre lot. The expansive site includes approximately 3.5 to 4 acres of fenced and gated outdoor storage or parking areas, with potential for future expansion. The building features excellent loading capabilities with 5 dock-high doors and 3 drive-in doors, catering to a variety of industrial and flex uses. Buildings 1 and 2 share a convenient industrial dock lift. The strategic location provides ideal site logistics, being just 1.0 mile from I-40 and 1.5 miles from US-52, ensuring easy access to major transportation arteries. The property is zoned LI (Light Industrial) and has an APN of 6844-36-8589. This property presents a unique opportunity for businesses seeking flexible and strategically located industrial space in Forsyth County. The ample outdoor space, combined with the substantial indoor area and convenient access to major highways, makes this an attractive option for a wide range of industrial and flex users.

    Property Features for 1539 Waughtown St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    96,248 SF
    Total Rate
    37296.1

    Building Details

    Year Built
    1974
    Buildings
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    96,248 SF
    Rate per SF
    $4

    HighLights

    • 96,248 SF flex industrial building on 9.06 acres in Forsyth County.
    • Multiple tenants in four suites, minimum divisible space 25,207 SF.
    • Five loading docks and three drive‑in doors.
    • Built in 1974, LI zoning, APN 6844‑36‑8589.
    • 3.5‑4.0 acres of fenced, gated outdoor storage; excellent I‑40 and US‑52 access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Winston-Salem Police Department ... Public Safety Office

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm Auto Repair Shop

    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
    -80.2052977
    Latitude
    36.0689843

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    FAQs

    What type of property is this?
    Flex space - Forsyth County industrial flex space, 25,207-96,248 SF
    Where is this flex space located?
    The property is located at 1539 Waughtown St Winston-Salem, NC.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: 96,248 SF flex industrial building on 9.06 acres in Forsyth County.; Multiple tenants in four suites, minimum divisible space 25,207 SF.; Five loading docks and three drive-in doors.
    Request Owner's contact information
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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

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    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
    1539 Waughtown St Winston-Salem, NC 27107
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