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    Property profile & analytics

    1221 National Dr Winston Salem, NC 27103-4627

    • Distribution centers
    • 29,750 SF
    • 1.91 lot acres
    OFF-MARKET
    Value Estimation
    $1,055,000
    Location Intelligence
    Property ID
    US53-2147351
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • State Electric Supply Co / Electrical Supply Store / Home Improvement Store

    Property Details for 1221 National Dr

    Year built
    1966
    Construction
    STEEL FRAME
    Lot size
    1.91 lot acres
    Property size
    29,750 SF
    Zone code
    HB
    Property type
    Distribution centers
    APN
    6824-88-5150.00
    APU
    682488515000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,025,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,195,000
      6.5%
      $1,075,000
      7%
      $1,135,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,165,000
      Geo Method
      $1,315,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,090,000
      Retail
      $1,235,000
      Mixed-Use
      $1,250,000
      Hospitality
      $1,360,000
      Educational
      $1,310,000
      Residential Income
      $1,450,000
      Energy
      $1,280,000
      Income-Based Land
      $1,265,000
      Food Service
      $1,195,000

    Location Insight

    • Map
    • Local Demand
    City
    Winston Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.2572
    Latitude
    36.0738
    CBSA code
    49180
    CBSA name
    WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $19,521
    $482,200
    $909,400
    $1,391,600
    -
    $482,200
    $909,400
    $1,391,600

    Comparable in this City

    • Value Estimation
      $2,075,000
      10,838 SF

      1525 Peters Crk Pkwy

      DISTRIBUTION WAREHOUSE • 10,838 SF
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      View Details
    • Value Estimation
      $735,000
      22,572 SF

      3937 Westpoint Blvd

      DISTRIBUTION WAREHOUSE • 22,572 SF
      3937 Westpoint Blvd, Winston Salem, NC 27103-6721
      View Details
    • Value Estimation
      $355,000
      8,364 SF

      3941 Westpoint Blvd

      DISTRIBUTION WAREHOUSE • 8,364 SF
      3941 Westpoint Blvd, Winston Salem, NC 27103-6721
      View Details
    • Value Estimation
      $190,000
      4,790 SF

      611 Anson St

      DISTRIBUTION WAREHOUSE • 4,790 SF
      611 Anson St, Winston Salem, NC 27103-3813
      View Details
    • Value Estimation
      $360,000
      11,590 SF

      140 Stratford Ct Ste B

      DISTRIBUTION WAREHOUSE • 11,590 SF
      140 Stratford Ct Ste B, Winston Salem, NC 27103-1855
      View Details
    • Value Estimation by Request
      2,400 SF

      2900 Griffith Rd

      MINI-WAREHOUSE, STORAGE • 2,400 SF
      2900 Griffith Rd, Winston Salem, NC 27103-6803
      View Details

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    • Contact for pricing
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      High-Visibility Retail Opportunity in Winston-Salem
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      View Details
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    1221 National Dr
    Winston Salem, NC 27103-4627
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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