Log In/Sign Up
Your email has been sent.
2424 S Stratford Rd 1,395 SF Specialty Building Offered at $525,500 at a 10.60% Cap Rate in Winston-Salem, NC 27103
Investment Highlights
- Site sees 26,500 VPD
- Pro Forma NOI: $55,703 & Pro Forma Cap Rate: 10.6%
Executive Summary
Opportunity to own a 2 bay express carwash site with tremendous upside in a prime location on Stratford Rd in Winston-Salem. Located adjacent to Speedway just 1 mile from I-40 and dozens of major retailers (Target, Lowe’s, Costco, Chick-fil-A®, etc.), the site sees 26,500 VPD (based on closest NCDOT data point). The right operator will be able to maximize the potential of this site through effective management, increased marketing efforts, monthly membership expansion, adding other revenue drivers (vending, ice
machine, etc.), plus benefit from already having one new IBA and another recently refurbished one.
machine, etc.), plus benefit from already having one new IBA and another recently refurbished one.
Property Facts
| Price | $525,500 | Lot Size | 0.44 AC |
| Price Per SF | $376.70 | Building Size | 1,395 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 10.60% | Year Built | 2001 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | Car Wash | Parking Ratio | 1.69/1,000 SF |
| Building Class | C | ||
| Zoning | HB | ||
| Price | $525,500 |
| Price Per SF | $376.70 |
| Sale Type | Investment or Owner User |
| Cap Rate | 10.60% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 1,395 SF |
| No. Stories | 1 |
| Year Built | 2001 |
| Tenancy | Single |
| Parking Ratio | 1.69/1,000 SF |
| Zoning | HB |
Amenities
- Signage
1 1
Property Taxes
| Parcel Number | 6804-91-3034 | Improvements Assessment | $124,800 |
| Land Assessment | $170,400 | Total Assessment | $295,200 |
Property Taxes
Parcel Number
6804-91-3034
Land Assessment
$170,400
Improvements Assessment
$124,800
Total Assessment
$295,200
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
2424 S Stratford Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.