179 Waughtown StWinston-Salem, NC 27127

  • Industrial properties
  • 8,610 SF
For Sale
$600,000 View listing

Property Details for 179 Waughtown St

Year built
1960
Construction
BRICK
Lot size
0.68 AC
Property size (Sq ft)
8,610 SF
Zone code
HB
Property type
Industrial properties
Property subtype
Other warehouses
APN
6834-49-6567.00
APU
683449656700

Description

This exceptional 8,610-square-foot flex space property at 179 Waughtown Street in Winston-Salem, North Carolina, presents a compelling investment opportunity. Built in 1960 and renovated in 1997, this single-story building sits on a 0.68-acre lot and offers ample parking with 12 spaces. Currently vacant, the property is zoned HB and features a fenced-in area, ideal for secure storage of inventory or equipment. The building's 1997 renovation ensures modern functionality, while its industrial heritage provides robust infrastructure, including three-phase power. Its prime location on Waughtown Street, directly across from the University of North Carolina School of the Arts (UNCSA), offers excellent visibility and accessibility. The property is conveniently located minutes from downtown Winston-Salem, providing easy access to a thriving urban center. This versatile space is suitable for a variety of uses, making it an attractive option for both owner-occupiers and investors seeking a high-demand property in a desirable location. The property's features include one building, a single tenancy, and a Forsyth County address with APN 6834-49-6567. The asking price is $600,000. This is a rare opportunity to acquire a well-maintained, strategically located industrial flex space in a growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,081,224
    Hospitality
    $990,396
    Educational
    $823,998
    Medical
    $852,336
    Retail
    $1,281,774
179 Waughtown St, Winston-Salem, North Carolina

Location Insight

City
Winston Salem
County
Forsyth
State
North Carolina
Latitude
36.078
Longitude
-80.2363
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
$4,272
$116,800
$187,700
$304,500
-
$116,800
$187,700
$304,500

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