3200 Silas Creek PkwyWinston-Salem, NC 27103

Property Details for 3200 Silas Creek Pkwy

Year built

1988

Construction

STEEL FRAME

Lot size

5.30 AC

Property size (Sq ft)

44,930 SF

Zone code

GB-S

Property type

Retail properties

Property subtype

Retail space

APN

6814-77-7009.00

APU

681477700900

Description

This exceptional medical office building, Silas Creek Crossing, offers 205,498 square feet of prime space in Winston-Salem, North Carolina. Located at 3200 Silas Creek Pkwy, zip code 27103, this Forsyth County property boasts a multi-tenant configuration with ten suites available. The building offers flexible space options, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 4,850 square feet, catering to a variety of medical practices and businesses. Currently, there are 17,049 square feet of vacant space ready for immediate occupancy. The property is classified as both retail and office, making it suitable for a diverse range of medical-related tenants. Its convenient location in Winston-Salem provides excellent accessibility and visibility. This is a unique opportunity to secure high-quality medical office space in a thriving market. Interested parties should inquire about available suites and lease terms. The property is situated at 36.0703612 latitude and -80.293191 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $7,246,142

  6.5%

  $6,688,746

  7%

  $6,210,979

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,371,806

  Geo Method

  $19,173,284

• Alternative Use

  Use

  Valuation

  Residential

  $5,642,208

  Hospitality

  $5,168,232

  Educational

  $4,299,908

  Medical

  $4,447,789

  Retail

  $6,688,746

Location Insight

City

Winston Salem

County

Forsyth

State

North Carolina

Latitude

36.0705

Longitude

-80.2935

CBSA code

49180

CBSA name

WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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