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Property profile & analytics
FOR LEASE
Warehouses

1539 Waughtown St Winston-Salem, NC 27107

36,776 SF 9.06 ac lot Built 1918
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US53-3947742
Property summary
AI-generated overview

This exceptional Forsyth County industrial property, located at 1539 Waughtown Street, offers a versatile 96,248 square foot flex space, divisible to a minimum of 25,207 square feet. The property comprises four suites within a single building constructed in 1974, situated on a generous 9.06-acre lot. The expansive site includes approximately 3.5 to 4 acres of fenced and gated outdoor storage or parking areas, with potential for future expansion. The building features excellent loading capabilities with 5 dock-high doors and 3 drive-in doors, catering to a variety of industrial and flex uses. Buildings 1 and 2 share a convenient industrial dock lift. The strategic location provides ideal site logistics, being just 1.0 mile from I-40 and 1.5 miles from US-52, ensuring easy access to major transportation arteries. The property is zoned LI (Light Industrial) and has an APN of 6844-36-8589. This property presents a unique opportunity for businesses seeking flexible and strategically located industrial space in Forsyth County. The ample outdoor space, combined with the substantial indoor area and convenient access to major highways, makes this an attractive option for a wide range of industrial and flex users.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1918
Construction BRICK
Total area 36,776 SF
Lot 9.06 ac (394,654 SF)
Zoning code LI,RS9
APN 6844-36-8589.00
UPID US53-3947742
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
  • Winston-Salem Police Department District 2 Office Complex Public Safety Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.69M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.33M
Blend (final) Blend
$1.34M
Owner & transaction history
Ls Waughtown LLC · 2 yrs held
Ls Waughtown LLC
since 2023
Last sale
$1.3M
2 recorded transactions
2023
$1.3M
2021
$705,000
Zoning & alternative use
LI,RS9 · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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