514 Stratford RdWinston-Salem, NC 27103

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 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.

• 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

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

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