Property summary
This exceptional 6,000-square-foot single-tenant property, located at 232 Newsome Road in King, North Carolina, presents a unique investment opportunity. Situated on a 1.09-acre lot, this versatile space boasts a diverse range of potential uses, including traditional office, medical office, manufacturing, flex space, warehouse, creative office, and distribution. Built in 1984 and renovated in 1994, the building features a single story with a 12-foot ceiling height. The property includes one loading dock with one dock-high door, providing convenient access for loading and unloading. Ample parking is available, with a total of 30 spaces, accommodating both front and rear building access. The property benefits from a convenient location just off I-74/Hwy 52, King, NC Exit 123, offering easy access to major transportation routes. The interior layout includes several existing offices and a large 2,000-square-foot open area, adaptable to various needs. The property is zoned LI (Light Industrial) and has an APN of 5991578526. Three-phase power is available. This property is currently vacant and ready for immediate occupancy. The property's location in the Rural Hall submarket cluster of Winston Salem offers a blend of accessibility and a desirable business environment.
Property profile
VerifiedCap rate & NOI
Current use
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Community Health Centre Counselor
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Hotel & Motel Resort
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Counselor
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Counselor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The intent of the L-I light industrial district is to provide sites for manufacturing, warehousing, processing and related uses whose operating characteristics limit their effects on adjacent uses. This district may have…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
L-I · King, NCThe intent of the L-I light industrial district is to provide sites for manufacturing, warehousing, processing and related uses whose operating characteristics limit their effects on adjacent uses. This district may have…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The intent of the L-I light industrial district is to provide sites for manufacturing, warehousing, processing and related uses whose operating characteristics limit their effects on adjacent uses. This district may have…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for L-I in King, NC.
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