Property profile

176 Ywca Way Winston Salem, NC 27127

OFF-MARKET
Warehouses
Property ID
US53-2154367
12,125 SF 1.78 ac lot Built 1960
Individually Owned 13-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 12,250 square foot warehouse, situated at 176 Ywca Way in Winston-Salem, North Carolina, presents a compelling investment opportunity. Located within an Opportunity Zone, this Class C industrial property offers significant potential. Built in 1960, the single-building structure sits on approximately 1.78 acres and features two dock-high doors, ensuring efficient loading and unloading. The property boasts ample surfaced parking for convenient access. The zoning is MU-S. The total building square footage is 12,250 square feet, and the property is available for multiple tenants. Its convenient location offers easy access to downtown Winston-Salem and major transportation routes, making it an ideal location for various businesses. The property's address is 176 Ywca Way, Winston-Salem, NC 27127, and its APN is 6834-39-1741. This warehouse presents a rare chance to acquire a well-positioned industrial property in a thriving area. The combination of its size, location, and Opportunity Zone status makes it a highly attractive investment prospect. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1960
Total area 12,125 SF
Lot 1.78 ac (77,537 SF)
Zoning code MU-S
APN 6834-39-1741.00
UPID US53-2154367

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
  • Tour Operator (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

176 Ywca Way Winston Salem, NC 27127-2069
Winston Salem metro Census 1902 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$390k
CAP Approach CAP
by Request
Comparable Approach Comparable
$644k
Blend (final) Blend
$390k

Owner & transaction history

since 2012
3 recorded transactions
2012
$300,000
2011
$110,000
2007
Price N/A

Zoning & alternative use

MU-S · Winston Salem, NC
Zoning description

10, 2020 Approved February 1, 2021 UDO-CC8 An ordinance amendment proposed by Planning and Development Services staff amending Section 4.8.3 of the Unified Development Ordinances pertaining to the Mixed Use-Special Use (…

General category PLANNED_DEVELOPMENT

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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