Property profile

1650 Ivy Ave Winston Salem, NC 27105

OFF-MARKET
Warehouses
Property ID
US53-1878820
24,000 SF 0.84 ac lot Built 1977
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1977
Construction BRICK
Total area 24,000 SF
Lot 0.84 ac (36,590 SF)
Zoning code LI
APN 6836-33-8038.00
UPID US53-1878820

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
  • Metal Fabrication Plant Factory
  • Construction Company General Contractor

Location

1650 Ivy Ave Winston Salem, NC 27105-6024
Winston Salem metro Census 400 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
$651k
Blend (final) Blend
$565k

Owner & transaction history

since 2014
1 recorded transaction
2014
$165,000

Zoning & alternative use

LI · Winston Salem, NC
Zoning description

The LI District is primarily intended to accommodate limited manufacturing, wholesaling, warehousing, research and development, and related commercial and service activities which, in their normal operations, have little…

General category INDUSTRIAL

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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