Technical
Financial
Distress signals
Property profile

118 3rd St Winston Salem, NC 27101

OFF-MARKET
Parking lots & garages
Property ID
US53-4844903
167,076 SF 0.55 ac lot Built 2019
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 2019
Total area 167,076 SF
Lot 0.55 ac (23,958 SF)
Zoning code CB WO
APN 6835-26-6733.00
UPID US53-4844903

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Parking Lot & Garage

Location

118 3rd St Winston Salem, NC 27101
Winston Salem metro Census 100 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.26M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.96M

Owner & transaction history

since 2022
Last sale
$4.4M
3 recorded transactions
2022
$4.4M
2019
Price N/A
1969
Price N/A

Zoning & alternative use

CB WO · Winston Salem, NC
Top alternative use upside
Medical building $8.3M +790.7%
Warehouse, storage $7.0M +647.2%
Neighborhood: shopping center $4.3M +356.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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