5205 University Pkwy, Winston Salem, NC 27106-6087
- Office Spaces
- 11,000 SF
- 0.61 lot acres
Current Use by Public Records
- Office Spaces
Property Details for 5205 University Pkwy
- Year built
- 1998
- Construction
- BRICK
- Lot size
- 0.61 lot acres
- Zone code
- HB-S
- Property type
- Office Spaces
- APN
- 6828-30-1578.00
- APU
- 682830157800
Description
This exceptional 11,000 square foot office building is situated on a 1.2-acre lot at 5205 University Parkway in Winston-Salem, North Carolina, zip code 27106. The property is offered at an attractive asking price of $850,000, translating to a price per square foot of $77.27. The building's traditional office layout provides ample space for a variety of business needs. A key feature is the inclusion of a fenced-in parking lot, ensuring convenient and secure parking for tenants and employees. The property's location in Forsyth County offers excellent access to major transportation routes and amenities, making it an ideal location for businesses seeking a prominent presence in Winston-Salem. This presents a compelling investment opportunity for those seeking a well-maintained, established office building in a desirable area. The property's size and features make it suitable for a range of businesses, from small to medium-sized enterprises. The asking price reflects the current market value and presents a strong return on investment potential. Serious inquiries are encouraged to explore this opportunity further. Detailed financial information and property specifics are available upon request. This is a rare opportunity to acquire a well-located, functional office building in a thriving North Carolina market.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $370,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $706,000
- AI Estimate
- $643,000
Market price range: $682k - $1.20MMarket price range: $290k - $1.20M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $825,000 Current use
- WAREHOUSE, STORAGE
- $845,000 Change: +3% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Winston Salem
- County
- Forsyth
- State
- North Carolina
- Longitude
- -80.2766
- Latitude
- 36.1629
- CBSA code
- 49180
- CBSA name
- WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA