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Property profile

1190 Old Beltway Rural Hall, NC 27045

FOR LEASE
Office Spaces
Property ID
US53-0876364
45,541 SF 6.76 ac lot Built 1977
Last sale Mar 2025 · $4,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$19k
Tax billed · 2024
Assessed value$2.13M
Assessed land$336k
Assessed improvement$1.80M
Effective rate0.89%

Value estimate

· Nov 2026
$1.28M
$1.15M – $1.40M
Submarket $/SF estimate$3.74M
NOI build-up
Gross scheduled income$619k
Vacancy & credit loss−$38k
Operating expenses−$87k
NOI · 8,446,478.63% cap applied$494k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$105/SF
County average, outlier-cleaned · 279 recorded sales of this use type
Observed band · Q1–Q3$58 – $160

Cap rate analysis

How does the asset earn?
8,446,478.63%
$494k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GI
The GI District is primarily intended to accommodate a wide range of assembling, fabricating, and manufacturing activities
General categoryINDUSTRIAL
JurisdictionFORSYTH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.0
Hair Salon11.1
Auto Parts Store10.2

Location

1190 Old Beltway Rural Hall, NC 27045
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8640 Broad, Rural Hall, NC 27045-9458 $1,800,000 Aug 2023 27,300 SF
465 Forum, Rural Hall, NC 27045-8927 $900,000 Jun 2023 11,602 SF
8620 Broad, Rural Hall, NC 27045-9458 $900,000 Apr 2023 29,537 SF
1280 Old Beltway, Rural Hall, NC 27045-9407 $1,650,000 Aug 2022 6,660 SF
Norvasa, Rural Hall, NC 27045 $2,000,000 Feb 2020 4,312 SF
350 Forum, Rural Hall, NC 27045-9579 $3,780,000 Feb 2019 133,110 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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