Property profile

1664 Martin Luther King Jr Dr Winston Salem, NC 27107

OFF-MARKET
Warehouses
Property ID
US53-1452846
37,058 SF 7.87 ac lot Built 1970
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1970
Construction BRICK
Total area 37,058 SF
Lot 7.87 ac (342,817 SF)
Zoning code GI
APN 6834-88-9947.00
UPID US53-1452846

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
  • General Contractor Construction Company

Location

1664 Martin Luther King Jr Dr Winston Salem, NC 27107-1311
Winston Salem metro Census 801 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$885k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$885k

Owner & transaction history

since 2024
Last sale
$885,000
1 recorded transaction
2024
$1.8M

Zoning & alternative use

GI · Winston Salem, NC
Zoning description

The GI District is primarily intended to accommodate a wide range of assembling, fabricating, and manufacturing activities

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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