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Property profile & analytics
OFF-MARKET
Industrial properties

160 Carriage Ct Winston Salem, NC 27105-1326

13,702 SF 1.77 ac lot Built 2006
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US53-1216245
Property summary
AI-generated overview

This exceptional Class A, 13,724 square foot flex/warehouse property is located at 160 Carriage Court, Winston-Salem, NC 27105, within the Oak Summit Business Park. Built in 2006, this single-story building sits on a 1.77-acre lot and boasts a 20-foot ceiling height, one loading dock with a 14'x20' dock-high door, and ample parking for 14 vehicles. Currently 100% occupied by a single tenant under an absolute NNN lease expiring March 30, 2030, this investment opportunity offers a 7.00% cap rate and is priced at $1,800,000 ($131.16/sq ft). The property is zoned GI and offers significant expansion potential—approximately 6,000 additional square feet. A 2,478 square foot mezzanine adds valuable extra space. The strategic location provides easy access to I-74/Hwy 52 and the Northern Beltway, with nearby amenities including restaurants, banks, and shopping. The tenant is a creditworthy business, ensuring a stable income stream. This property presents a rare opportunity to acquire a high-quality, fully leased industrial asset in a prime location. The Forsyth County address and APN 6828-78-7249 further identify this exceptional investment.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2006
Construction BRICK
Total area 13,702 SF
Lot 1.77 ac (77,101 SF)
Zoning code GI
APN 6828-78-7249.00
UPID US53-1216245
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Medsolutions Compounding Pharmacy I · 1 yrs held
Medsolutions Compounding Pharmacy I
since 2024
Last sale
$5.0M
2 recorded transactions
2024
$5.0M
2005
$221,500
Zoning & alternative use
GI · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The GI District is primarily intended to accommodate a wide range of assembling, fabricating, and manufacturing activities

Zone name General Industrial
General category INDUSTRIAL
Zone area 3,496.41 ac
Source Realmo
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