3655 Reed St Winston-Salem, NC 27107
- Warehouses
- 32,800 SF
- 4.89 lot acres
Current Use by Public Records
- Warehouses
Property Details for 3655 Reed St
- Year built
- 1990
- Construction
- STEEL FRAME
- Lot size
- 4.89 lot acres
- Property size
- 32,800 SF
- Zone code
- LI,LI-S
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 6844-20-0576.00
- APU
- 684420057600
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,825,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,025,000
- 6.5%
- $3,740,000
- 7%
- $3,815,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,455,000
- Geo Method
- $4,670,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,465,000
- Retail
- $2,905,000
- Mixed-Use
- $3,400,000
- Hospitality
- $3,700,000
- Educational
- $3,910,000
- Residential Income
- $3,015,000
- Energy
- $3,890,000
- Income-Based Land
- $3,415,000
- Food Service
- $3,800,000
Location Insight
- Map
- Local Demand
- City
- Winston Salem
- County
- Forsyth
- State
- North Carolina
- Longitude
- -80.211
- Latitude
- 36.0535
- CBSA code
- 49180
- CBSA name
- WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
