Property profile

1664 Martin Luther King Dr Winston-Salem, NC 27107

OFF-MARKET
Warehouses
80,000 SF
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Property summary

AI-generated overview

This exceptional 80,000-square-foot warehouse, situated on an expansive 8-acre lot in Winston-Salem, North Carolina, presents a rare opportunity for businesses seeking significant space and flexibility. Located at 1664 Martin Luther King Dr, Forsyth County (APN 6834-88-9947), this single-tenant industrial property is currently vacant and undergoing renovations to a cold, dark shell configuration. The property is ideal for warehousing, manufacturing, or operations requiring substantial outdoor storage due to its large impervious exterior lot. This presents a unique chance to customize the space to perfectly meet specific operational needs. The owner is committed to working with the tenant to complete a build-out based on their requirements. Furthermore, the roof will be fully repaired prior to occupancy. This prime location in a major North Carolina metropolitan area offers excellent access to transportation and logistical networks. The property's size and adaptability make it an exceptional investment for businesses seeking a significant footprint and the ability to tailor the space to their exact specifications. The property is classified as an industrial warehouse and is ready for immediate occupancy following the completion of the planned renovations and tenant build-out.

Property profile

Verified
Property type Warehouses
Total area 80,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1664 Martin Luther King Dr Winston-Salem, NC 27107
Winston-Salem metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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