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    3811 Kimwell Dr Winston-Salem, NC 27103

    Sponsored
    For Sale
    $9,500,000

    300,000 SF Warehouse, 10 Acres

    Property size:
    300,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property, located at 3811 Kimwell Dr in Winston-Salem, North Carolina, presents a significant investment opportunity. The 300,000 square foot building sits on a 10.247-acre lot and is zoned GI – Industrial, offering flexibility for various manufacturing and warehousing operations. Constructed in phases (1972/1987), the property boasts substantial features including 13 loading docks and 5 drive-in doors, ensuring efficient material handling. High ceilings, ranging from 21'10" to 23'2", provide ample vertical space. The property includes approximately 24,000 square feet of office space. Utilities are readily available, including heavy power (15,000 volts), gas, sewer, and water. The building is fully sprinklered for fire protection. Ample parking is provided with 147 spaces. This property is ideally situated in Forsyth County, offering easy access to major transportation routes and a skilled workforce. The asking price for this substantial industrial facility is $9,500,000. This presents a rare opportunity to acquire a well-maintained, large-scale industrial property in a prime location. The property's size, features, and location make it an attractive option for businesses seeking to expand or relocate their operations.

    Property Features for 3811 Kimwell Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    300,000 SF
    Lot Size
    446,359 SF

    Building Details

    Year Built
    1972

    HighLights

    • $9,500,000 asking price for this industrial property.
    • 300,000 square foot building on a 10.247‑acre lot in Winston‑Salem, NC.
    • GI Industrial zoning.
    • Features 13 loading docks and 147 parking spaces.
    • Ceiling heights of 21'10" and 23'2".
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -80.3228774
    Latitude
    36.0471029

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    FAQs

    What type of property is this?
    Distribution property - 300,000 SF Warehouse, 10 Acres
    Where is this distribution property located?
    The property is located at 3811 Kimwell Dr Winston-Salem, NC.
    What is the asking price?
    The asking price for this property is $9,500,000.
    What are key features of this property?
    This property features: $9,500,000 asking price for this industrial property.; 300,000 square foot building on a 10.247-acre lot in Winston-Salem, NC.; GI Industrial zoning.
    Request Owner's contact information
    3811 Kimwell Dr Winston-Salem, NC 27103
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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
    3811 Kimwell Dr Winston-Salem, NC 27103
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