310 Waughtown StWinston-Salem, NC 27127

Property Details for 310 Waughtown St

Year built

1945

Construction

CONCRETE BLOCKS

Lot size

0.45 AC

Property size (Sq ft)

1,350 SF

Zone code

HB

Property type

Auto shops

APN

6834-58-4229.00

APU

683458422900

Description

This exceptional 1,350 square foot retail property, located at 310 Waughtown Street in Winston-Salem, North Carolina, presents a unique investment opportunity. Situated on a 0.45-acre lot (APN 6834-58-4229), this single-story, 1945-built building is zoned HB and offers significant potential for a variety of automotive-related businesses. Previously utilized as a used car sales lot and more recently as a car detailing garage, the property benefits from high visibility due to its corner lot location and proximity to the UNCSA campus. The fully gated property ensures security and peace of mind. Its convenient location near Highway 52 provides excellent access and exposure to a large customer base. The asking price is $310,000, translating to $229.63 per square foot. Currently vacant, this property is ready for immediate occupancy and customization to suit the needs of a new owner. The property's history as a successful automotive business makes it an attractive option for entrepreneurs seeking a well-established location with strong potential for growth. Don't miss this chance to acquire a prime commercial property in a thriving area of Winston-Salem. The Forsyth County location and 27127 zip code offer easy access to local amenities and a strong workforce.

• CAP approach

  CAP return

  Valuation

  6%

  $183,443

  6.5%

  $169,332

  7%

  $157,237

• Comparable approach

  Method

  Valuation

  Relative Method

  $178,214

  Geo Method

  $237,753

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $345,750

  Mixed-Use / Specialty

  $162,451

  Hospitality / Lodging

  $111,011

  Office

  $154,947

  Institutional / Educational

  $166,640

  Residential Income

  $194,968

  Multifamily

  $268,638

  Automotive / Energy

  $142,834

  Parking / Income-Based Land

  $55,492.70

  Restaurant / Food Service

  $71,093.60

  Healthcare / Senior Housing

  $173,028

Location Insight

City

Winston Salem

County

Forsyth

State

North Carolina

Latitude

36.0745

Longitude

-80.2337

CBSA code

49180

CBSA name

WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].