695 Blue Rock CtWinston-Salem, NC 27103

Property Details for 695 Blue Rock Ct

Year built

2007

Construction

BRICK

Lot size

1.73 AC

Property size (Sq ft)

11,250 SF

Zone code

GI,GI-S

Property type

Industrial properties

APN

6804-16-8994.00

APU

680416899400

Description

This exceptional 3,750 square foot flex space, situated within the Blue Rock Industrial Park, presents a fantastic leasing opportunity. The property boasts a single building with convenient access to Highway 421 and I-40, ensuring seamless transportation. The unit features a desirable blend of conditioned office space and a heated warehouse, ideal for a variety of businesses. High ceilings, reaching 21'2" at the peak and 15'9" at the eaves, provide ample vertical space. Loading and unloading are facilitated by one dock-high door and one drive-in door. The space includes functional office amenities such as a conference room, two private offices, and a breakroom, enhancing productivity and comfort. Ample parking is available on a half-acre lot, complemented by a fenced laydown yard for added convenience and security. The property is zoned for industrial use. The lease rate is $12.00 per square foot, net, net. This versatile space is ready for immediate occupancy. Don't miss this chance to secure a prime location in a thriving industrial park.

• CAP approach

  CAP return

  Valuation

  6%

  $3,121,360

  6.5%

  $2,881,250

  7%

  $2,675,450

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,284,790

  Geo Method

  $3,048,120

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $1,411,100

  Mixed-Use / Specialty

  $1,353,760

  Hospitality / Lodging

  $925,094

  Office

  $1,291,220

  Institutional / Educational

  $1,388,660

  Residential Income

  $1,624,740

  Multifamily

  $2,238,650

  Automotive / Energy

  $1,190,280

  Parking / Income-Based Land

  $462,439

  Restaurant / Food Service

  $592,447

  Healthcare / Senior Housing

  $1,441,900

Location Insight

City

Winston Salem

County

Forsyth

State

North Carolina

Latitude

36.0696

Longitude

-80.3471

CBSA code

49180

CBSA name

WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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