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1031 Highland Ave 13,404 SF Specialty Building Offered at $1,900,000 at a 7.50% Cap Rate in Winston-Salem, NC 27101
Investment Highlights
- Established healthcare facility use on a 1.21-acre site.
- Located within the Piedmont Triad regional market.
- Near major healthcare and educational institutions.
- Convenient access to Downtown Winston-Salem.
- Accessible to major highways including US 52 and I-40.
- Suitable for owner-user or investment consideration.
Executive Summary
1031 Highland Avenue presents an opportunity to acquire a healthcare-oriented commercial property in Winston-Salem, North Carolina. Situated on approximately 1.21 acres, the property is positioned within the northeastern portion of Forsyth County and benefits from convenient access to Downtown Winston-Salem, major employment centers, medical facilities, and regional transportation corridors. The site's established healthcare use creates potential appeal for owner-users, healthcare operators, investors, and organizations seeking a centrally located facility within one of North Carolina's largest metropolitan areas.
Property Facts
| Price | $1,900,000 | Building Class | C |
| Price Per SF | $141.75 | Lot Size | 1.21 AC |
| Sale Type | Investment or Owner User | Building Size | 13,404 SF |
| Cap Rate | 7.50% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1960 |
| Property Subtype | Lodge/Meeting Hall | Parking Ratio | 1.68/1,000 SF |
| Zoning | RM18 | ||
| Price | $1,900,000 |
| Price Per SF | $141.75 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.50% |
| Property Type | Specialty |
| Property Subtype | Lodge/Meeting Hall |
| Building Class | C |
| Lot Size | 1.21 AC |
| Building Size | 13,404 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 1.68/1,000 SF |
| Zoning | RM18 |
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Fairly walkable
50/100
Moderately drivable
60/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 6836-50-9315 | Improvements Assessment | $535,400 |
| Land Assessment | $106,900 | Total Assessment | $642,300 |
Property Taxes
Parcel Number
6836-50-9315
Land Assessment
$106,900
Improvements Assessment
$535,400
Total Assessment
$642,300
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1031 Highland Ave