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Property profile & analytics
OFF-MARKET
Warehouses
108 Tucker Ave Winston Salem, NC 27104-3728
Individually Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-5682176
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1967
Construction
STEEL FRAME
Total area
5,580 SF
Lot
0.38 ac (16,553 SF)
Zoning code
LB
APN
6815-04-9075.00
UPID
US53-5682176
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Carolina Wood Floors General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Joseph M Causby · 20 yrs held
Joseph M Causby
since 2006
2 recorded transactions
Zoning & alternative use
LB · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The LB District is primarily intended to accommodate moderately intense neighborhood shopping and service centers close to residential areas
Zone name
Limited Business
General category
COMMERCIAL
Zone area
203.56 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Winston Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winston Salem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$2,714
Tax year 2024
Assessed value
$195,600
Assessed 2024
Previous assessed
$195,600
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$89,100
Assessed improvement
$106,500
Land market value
$89,100
Improvement market value
$106,500
Total market value
$195,600
Applied tax rate
13,164.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1967
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
5,580 SF
Lot
0.38 ac (16,553 SF)
Zoning code
LB
APN
6815-04-9075.00
UPID
US53-5682176
Jurisdiction
FORSYTH
Zoning & alternative use
LB · Winston Salem, NCZoning LB · permitted uses
LB · Winston Salem, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The LB District is primarily intended to accommodate moderately intense neighborhood shopping and service centers close to residential areas
Zone name
Limited Business
General category
COMMERCIAL
Zone area
203.56 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1967
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Joseph M Causby
Individual
Mailing address
7735 SPG HOLW DR, BELEWS CREEK, NC 27009-9188
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2006
$170,000
Joseph M Causby
Martin,ellen C
Warranty Deed
$170,000 · Southern Community Bank
Oct 10, 2000
$146,000
William V Hill
Martin,ellen C
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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