514 Stratford RdWinston-Salem, NC 27103

  • Retail properties
  • 91,732 SF
For Lease
$20.50/SF/YR View listing

Property Details for 514 Stratford Rd

Year built
1975
Lot size
2.49 AC
Property size (Sq ft)
91,732 SF
Zone code
GB
Property type
Retail properties
Property subtype
Retail space
APN
6815-93-6903.00
APU
681593690300

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,794,194
    6.5%
    $13,656,179
    7%
    $12,680,737
  • Comparable approach

    Method
    Valuation
    Relative Method
    $29,342,412
    Geo Method
    $39,145,420
  • Alternative Use

    Use
    Valuation
    Residential
    $11,519,498
    Hospitality
    $10,551,798
    Educational
    $8,778,972
    Medical
    $9,080,894
    Retail
    $13,656,179
514 Stratford Rd, Winston-Salem, North Carolina

Location Insight

City
Winston Salem
County
Forsyth
State
North Carolina
Latitude
36.0894
Longitude
-80.2874
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
$60,992
$1,380,800
$3,811,300
$5,192,100
-
$1,380,800
$3,811,300
$5,192,100

FAQs

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