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    3655 Reed St Winston-Salem, NC 27107

    Sponsored
    For Sale
    $6,979,950

    66,048 SF Warehouse, Excellent Location

    Property size:
    66,048 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 66,048-square-foot warehouse property, located at 3655 Reed St in Winston-Salem, North Carolina, presents a significant investment opportunity. Priced at $6,979,950, this industrial space boasts a 20-foot clear ceiling height, providing ample vertical storage capacity. The property includes three loading docks and four dock-high doors, ensuring efficient loading and unloading operations. For added convenience, there are also drive-in levelers and seals. The warehouse features approximately 9,558 square feet of office space, ideal for administrative functions. Power is provided by a 3-phase, 1000+ amp system, capable of handling high-demand operations. Safety and security are prioritized with an ESFR sprinkler system and a secured, fenced property equipped with key-fob access and comprehensive video surveillance. This strategically located warehouse in the Central Piedmont Triad region of North Carolina offers easy access to major transportation routes and a robust workforce. The property's features and location make it an ideal choice for a variety of industrial and distribution businesses. This is a rare opportunity to acquire a well-maintained, high-quality warehouse in a prime location. The property is situated in Forsyth County, North Carolina, with a zip code of 27107.

    Property Features for 3655 Reed St

    General Information

    Property type
    Distribution properties
    Square Feet
    66,048 SF

    HighLights

    • ± 66,048 SF warehouse.
    • ± 9,558 SF of office space.
    • 4 loading docks, 3 drive‑in levelers & seals.
    • 20' clear ceiling height.
    • 3‑phase, 1000+ amp power.
    • ESFR sprinkler system.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop 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
    -80.2109085
    Latitude
    36.0532946

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    FAQs

    What type of property is this?
    Distribution property - 66,048 SF Warehouse, Excellent Location
    Where is this distribution property located?
    The property is located at 3655 Reed St Winston-Salem, NC.
    What is the asking price?
    The asking price for this property is $6,979,950.
    What are key features of this property?
    This property features: ± 66,048 SF warehouse.; ± 9,558 SF of office space.; 4 loading docks, 3 drive-in levelers & seals.
    Request Owner's contact information
    3655 Reed St 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
    3655 Reed St Winston-Salem, NC 27107
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