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Indoor/Outdoor Storage Facility 1539 Waughtown St 96,428 SF Industrial Building Winston-Salem, NC 27107 $3,795,000 ($39.36/SF) 9% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 4.0 - 8.5 acres of fenced, gated, outdoor storage and/or parking
  • Future projects and improvements will allow for more outdoor storage on the ±9.06 acre property
  • 1.0 mile from I-40 and 1.5 miles from US-52
  • ±9,880 - 96,428 SF of warehouse/industrial space spread across 4 buildings
  • 5 dock-high doors and 3 drive-in doors

EXECUTIVE SUMMARY

4.0 - 8.5 acres of fenced, gated, outdoor storage and/or parking. ±9,880 - 96,428 SF of warehouse/industrial space spread across 4 buildings. Future projects and improvements will allow for more outdoor storage on the ±9.06 acre property. 5 dock doors and 3 drive-in doors allow for various warehouse/industrial uses. Building 1 and 2 share an industrial dock lift. Ideal site logistics at 1.0 mile from I-40 and 1.5 miles from US-52. 2.0 acres of outdoor storage/parking is temp leased through June 2026. Sellers will lease back the property for 1 year at a 9.0% cap rate with agreeable terms.

PROPERTY FACTS

Price $3,795,000
Price Per SF $39.36
Sale Type Investment
Cap Rate 9%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 9.06 AC
Rentable Building Area 96,428 SF
No. Stories 1
Year Built 1974
Tenancy Single
Parking Ratio 0.56/1,000 SF
No. Dock-High Doors/Loading 5
No. Drive In / Grade-Level Doors 3
Zoning LI - Light Industrial (LI)

AMENITIES

  • Fenced Lot
  • Signage
  • Yard

UTILITIES

  • Lighting
  • Heating

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 25,207-96,248 SF
  • Industrial
  • Full Build-Out
  • Now

4.0 - 8.5 acres of fenced, gated, outdoor storage and/or parking. ±25,207 - 96,428 SF of warehouse/industrial space spread across 4 buildings. Future projects and improvements will allow for more outdoor storage on the ±9.06 acre property. 5 dock doors and 3 drive-in doors allow for various warehouse/industrial uses. Building 1 and 2 share an industrial dock lift. Ideal site logistics at 1.0 mile from I-40 and 1.5 miles from US-52. 2.0 acres of outdoor storage/parking is temp leased through June 2026. Sellers will lease back the property for 1 year at a 9.0% cap rate with agreeable terms.

Space Size Space Use Condition Available
1st Floor 25,207-96,248 SF Industrial Full Build-Out Now

1st Floor

Size
25,207-96,248 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 25,207-96,248 SF
Space Use Industrial
Condition Full Build-Out
Available Now

4.0 - 8.5 acres of fenced, gated, outdoor storage and/or parking. ±25,207 - 96,428 SF of warehouse/industrial space spread across 4 buildings. Future projects and improvements will allow for more outdoor storage on the ±9.06 acre property. 5 dock doors and 3 drive-in doors allow for various warehouse/industrial uses. Building 1 and 2 share an industrial dock lift. Ideal site logistics at 1.0 mile from I-40 and 1.5 miles from US-52. 2.0 acres of outdoor storage/parking is temp leased through June 2026. Sellers will lease back the property for 1 year at a 9.0% cap rate with agreeable terms.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6844-36-8589
Land Assessment
$545,400
Improvements Assessment
$665,500
Total Assessment
$1,210,900
  • Listing ID: 34902732

  • Date on Market: 2/21/2025

  • Last Updated:

  • Address: 1539 Waughtown St, Winston-Salem, NC 27107

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