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Property profile & analytics
OFF-MARKET Estimated value $4,220,000
Office Spaces

1190 Old Beltway Rural Hall, NC 27045-9537

45,541 SF 6.76 ac lot Built 1977
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US53-0876364
Property summary
AI-generated overview

This exceptional 77,000-square-foot flex/industrial building presents a unique investment opportunity in Rural Hall, North Carolina. Located at 1190 Old Belt Way, this single-building property sits on approximately 6.76 acres and offers convenient access to US Highway 52 and the future Winston-Salem Northern Beltway/NC-74. Built in 1977 and renovated in 2012, the property boasts a desirable GI zoning designation. The building features approximately 2,350 square feet of office space and approximately 74,650 square feet of warehouse space, with 14-18 foot ceilings. Six loading docks and one drive-in door provide ample loading capabilities. Extensive onsite parking and outdoor storage areas are also available. The asking price is $4,960,000, translating to $64.42 per square foot. The property is currently vacant and available for sale or lease under a NNN lease structure. The property's APN is 6819-77-9687. This property is ideal for a variety of industrial and flex uses, offering a strategic location and substantial space for a growing business. The combination of its size, location, and features makes this a compelling opportunity for investors and businesses alike.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1977
Construction BRICK
Total area 45,541 SF
Lot 6.76 ac (294,466 SF)
Zoning code GI
APN 6819-77-9687.00
UPID US53-0876364
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Twins Hay & Feed Pet Store & Service
  • Carolina Print & Packaging Industrial Manufacturer Factory
  • Mari-Lu Enterprises Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.74M
Blend (final) Blend
$4.22M
Owner & transaction history
1190 Old Belt Way LLC · 1 yrs held
1190 Old Belt Way LLC
since 2025
Last sale
$4.0M
5 recorded transactions
2025
Price N/A
2025
$4.0M
2021
Price N/A
2012
$1.4M
1969
Price N/A
Zoning & alternative use
GI · Rural Hall, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $6.8M +43.5%
Retail stores $6.2M +30.4%
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