103 Todd CtThomasville, NC 27360

  • Manufacturing properties
  • 10,080 SF
For Lease
$5.50/SF/YR View listing

Property Details for 103 Todd Ct

Year built
1999
Lot size
0.52 AC
Property size (Sq ft)
10,080 SF
Zone code
M1
Property type
Manufacturing properties
APN
16-323-N-000-0012
APU
16323N0000012

Description

This exceptional free-standing flex building, totaling approximately 9,950 square feet, presents a fantastic leasing opportunity. The property boasts a versatile layout, combining approximately 150 square feet of conditioned office space with approximately 9,800 square feet of warehouse space. Ideal for a variety of businesses, this single-tenant building offers significant functionality. The warehouse area is well-equipped with two loading docks and two drive-in bays, ensuring efficient loading and unloading operations. The entire building benefits from fully conditioned climate control, providing a comfortable and productive work environment. Strategically located on a major industrial corridor, this property offers unparalleled accessibility to High Point, Greensboro, and Winston-Salem, making it an attractive option for companies seeking a central location. The building is zoned M1, reflecting its suitability for industrial uses. The lease rate is $5.50 per square foot. This is a rare opportunity to secure a well-maintained, conveniently located industrial space. Inquire today to learn more about this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,796,730
    6.5%
    $2,581,600
    7%
    $2,397,200
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,047,170
    Geo Method
    $2,731,120
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $1,264,350
    Mixed-Use / Specialty
    $1,212,960
    Hospitality / Lodging
    $828,884
    Office
    $1,156,940
    Institutional / Educational
    $1,244,240
    Residential Income
    $1,455,760
    Multifamily
    $2,005,830
    Automotive / Energy
    $1,066,490
    Parking / Income-Based Land
    $414,345
    Restaurant / Food Service
    $530,832
    Healthcare / Senior Housing
    $1,291,940

Location Insight

City
Thomasville
County
Davidson
State
North Carolina
Latitude
35.8874
Longitude
-80.0551
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
2023
$4,180
-
-
$360,330
-
$18,200
$342,130
$360,330

FAQs

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