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    FOR LEASE
    Retail space

    514 S Stratford Rd, Winston-Salem, NC 27103

    91,732 SF 2.49 ac lot Built 1975
    Entity Owned 14-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US53-0528131
    Property summary
    AI-generated overview

    This Winston-Salem, NC office property, Stratford Oaks, offers a variety of flexible spaces ideal for businesses seeking executive, traditional, or creative office environments. Located at 514 S Stratford Rd, 27103, near Knollwood, this three-story building provides single-tenant occupancy options ranging from 1,275 square feet to 6,217 square feet. Several suite configurations are available, including Suites 200 (1,247 sq ft) and 201 (1,377 sq ft), which can be combined for a total of 2,624 sq ft. Street-level space is also available in Suite 230 (1,839 sq ft). The third floor features several options, including Suites 301 (2,195 sq ft), 305 (1,807 sq ft), and 330 (1,275 sq ft). The property boasts ample parking with 225 surface and covered spaces. Its convenient location offers easy access to Stratford Road and Salem Parkway. The property is zoned for both office and retail use, providing versatility for various business needs. Forsyth County location. This is a fantastic opportunity for businesses seeking a well-located, adaptable workspace in a thriving area.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1975
    Total area 91,732 SF
    Lot 2.49 ac (108,464 SF)
    Zoning code GB
    APN 6815-93-6903.00
    UPID US53-0528131
    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
    • Matt Hodges - Mitchell Prime Properties Realtor Real Estate Agency
    • Bill Reynolds | Fairway Independent Mortgage Corporation SVP Area Manager Loan Service Bank
    • Ryan A Reynolds | Fairway Independent Mortgage Corporation Senior Loan Officer Loan Service Bank
    • Lisa S Wright | Fairway Independent Mortgage Corporation Mortgage Specialist Loan Service Bank
    • Matthew Bailey | Fairway Independent Mortgage Corporation Loan Officer Loan Service Bank
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $6.14M
    Blend (final) Blend
    $6.36M
    Owner & transaction history
    Magnolia Castle 1 LLC · 14 yrs held
    Magnolia Castle 1 LLC
    since 2011
    3 recorded transactions
    2011
    $2.7M
    2003
    1969
    Zoning & alternative use
    GB · Winston Salem, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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