904 Marshall StWinston-Salem, NC 27101

  • Office properties
  • 9,039 SF
For Lease
$10.50/SF/YR View listing

Property Details for 904 Marshall St

Year built
1972
Construction
STEEL FRAME
Lot size
0.49 AC
Property size (Sq ft)
9,039 SF
Zone code
HB,PB
Property type
Office properties
Property subtype
Other office properties
APN
6835-21-4339.00
APU
683521433900

Description

This exceptional 3,584-square-foot flex space offers a prime location in Winston-Salem, North Carolina, near the vibrant downtown area, Old Salem, and the NC School of the Arts. The property is situated at 904 Marshall St SW, Forsyth County, zip code 27101. This single-tenant industrial space boasts a full-service lease rate of $10.50 per square foot. The warehouse features climate-controlled interior space, perfect for a variety of businesses. Access is provided by one dock-high loading door, ensuring efficient loading and unloading. A separate entrance adds to the convenience and privacy of this space. Shared amenities include two bathrooms, a comfortable break area, and a versatile conference/training room, ideal for meetings or employee development. This property presents a unique opportunity to establish a business in a highly desirable and accessible location within Winston-Salem. The convenient proximity to major attractions and the downtown core makes this an attractive option for businesses seeking a blend of functionality and accessibility. The space is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $991,684
    6.5%
    $915,401
    7%
    $850,015
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,147,347
    Geo Method
    $1,530,664
  • Alternative Use

    Use
    Valuation
    Residential
    $1,135,097
    Hospitality
    $1,039,743
    Educational
    $865,054
    Medical
    $894,804
    Retail
    $1,345,640
904 Marshall St, Winston-Salem, North Carolina

Location Insight

City
Winston Salem
County
Forsyth
State
North Carolina
Latitude
36.0829
Longitude
-80.2439
CBSA code
49180
CBSA name
WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,493
$96,000
$509,400
$605,400
-
$96,000
$509,400
$605,400

FAQs

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