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Property profile & analytics
OFF-MARKET
Estimated value
$10,480,000
Warehouses
2365 Winterhaven Ln Winston Salem, NC 27103-6792
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1317591
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2022
Total area
86,688 SF
Lot
1.54 ac (67,082 SF)
Zoning code
MU-S
APN
6803-79-9726.00
UPID
US53-1317591
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Prime Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.06M
CAP Approach
CAP
$12.89M
Comparable Approach
Comparable
$9.29M
Blend (final)
Blend
$10.48M
Owner & transaction history
Prime Storage Winterhaven Winston S · 2 yrs held
Prime Storage Winterhaven Winston S
since 2023
Last sale
$10.0M
7 recorded transactions
Zoning & alternative use
MU-S · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$13.6M
+100.7%
Retail stores
$12.0M
+76.5%
Auto repair, garage
$11.2M
+65.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Winston Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winston Salem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$12,070,000
ML approach
$11,055,000
CAP Approach
CAP Return
Estimation
6%
$13,955,000
6.5%
$12,885,000
7%
$11,965,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,780,000
Current use
MEDICAL BUILDING
$13,610,000
Change: +101% · Conversion: Difficult
RETAIL STORES
$11,965,000
Change: +76% · Conversion: Moderate
AUTO REPAIR, GARAGE
$11,210,000
Change: +65% · Conversion: Easy
COMMERCIAL (GENERAL)
$8,580,000
Change: +27% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$7,510,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$10.48M
Range $9.43M – $11.53M · ±10% · vs last sale $10.00M (Dec 28 2023)
Last sale anchor
$10.00M
Dec 28 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$121 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$47,226
Tax year 2023
Assessed value
$6,001,300
Assessed 2024
Previous assessed
$598,800
+902.2% YoY
Effective rate
0.79%
On assessed value
Assessed land
$813,200
Assessed improvement
$5,188,100
Land market value
$813,200
Improvement market value
$5,188,100
Total market value
$6,001,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2022
Heating
NONE
Stories
3
Total area
86,688 SF
Lot
1.54 ac (67,082 SF)
Zoning code
MU-S
APN
6803-79-9726.00
UPID
US53-1317591
Jurisdiction
FORSYTH
Zoning & alternative use
MU-S · Winston Salem, NC
Zoning MU-S · permitted uses
MU-S · Winston Salem, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Winston Salem. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$6.8M
MEDICAL BUILDING
Est. value
$13.6M
RETAIL STORES
Est. value
$12.0M
AUTO REPAIR, GARAGE
Est. value
$11.2M
COMMERCIAL (GENERAL)
Est. value
$8.6M
INDUSTRIAL (GENERAL)
Est. value
$7.5M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2022
Heating
NONE
Stories
3
Lot
1.54 ac
Current owner
From public records · entity-resolved
Prime Storage Winterhaven Winston S
Individual
Mailing address
83 RAILROAD PL #85, SARATOGA SPRINGS, NY 12866-2124
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2025
—
Prime Storage Winterhaven Winston S
—
Deed
related
$80,000,000 · Societe Generale Financial Corp
Dec 28, 2023
$10,000,000
Prime Storage Winterhaven Winston S
Coastal Mini Storage Of Cape Fear L
Special Warranty Deed
—
Aug 25, 2022
—
Coastal Mini Storage Of Cape Fear L
—
Deed
related
$1,134,723 · First Bank
May 7, 2021
$750,000
Coastal Mini Storage Of Cape Fear L
Hillcrest Property Development LLC
Special Warranty Deed
$5,847,600 · First Bank
Apr 23, 2012
—
Hillcrest Property Dev LLC
—
Deed Of Trust
related
$5,309,715 · High Point Bank & Trust Co
Jun 28, 2011
—
Hillcrest Property Dev LLC
—
Grant Deed
related
$5,310,232 · High Point Bk&tr
Jun 23, 2010
—
Hillcrest Commerciale Dev LLC
—
Trustees Deed
related
—
—
—
Hillcrest Property Dev LLC
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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