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    Property profile & analytics
    OFF-MARKET Estimated value $5,575,000
    Warehouses

    4320 Old Greensboro Rd, Winston Salem, NC 27101-6219

    45,000 SF 3.93 ac lot Built 1986
    Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US53-0965339
    Property summary
    AI-generated overview

    This exceptional 45,000-square-foot industrial flex space, located at 4320 Old Greensboro Road, presents a unique leasing opportunity. Built in 1986, the property offers a versatile layout ideal for a variety of businesses. The building's total square footage encompasses a substantial industrial area complemented by 1,575 square feet of dedicated office space. This blend of functional industrial space and comfortable office accommodations makes it perfect for companies needing both production and administrative areas. The property is currently available for lease, with occupancy commencing July 1st, 2024. The multi-tenant configuration provides a dynamic and collaborative environment. This property is an excellent choice for businesses seeking a well-established location with ample space to grow and thrive. Its strategic location offers easy access to major transportation routes, enhancing logistical efficiency. The substantial square footage allows for significant operational capacity, making it suitable for businesses requiring extensive warehouse or production space. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity. The property's blend of industrial and office space provides a comprehensive solution for businesses seeking a versatile and functional workspace.

    Property profile
    Verified
    Property type Warehouses
    Use group MINI-WAREHOUSE, STORAGE
    Year built 1986
    Construction STEEL FRAME
    Total area 45,000 SF
    Lot 3.93 ac (171,191 SF)
    Zoning code LI
    APN 6856-41-4771.00
    UPID US53-0965339
    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
    • Contract Warehouses Warehouse & Storage
    • Guthrie Substation Electrical Substation
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $5.89M
    CAP Approach CAP
    $6.69M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $5.58M
    Owner & transaction history
    Bri Tip LLC · 2 yrs held
    Bri Tip LLC
    since 2023
    Last sale
    $4.8M
    3 recorded transactions
    2024
    2023
    $105.0M
    2021
    Zoning & alternative use
    LI · Winston Salem, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $7.5M +115.7%
    Auto repair, garage $5.8M +68.1%
    Retail stores $5.1M +47.2%
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