Technical
Financial
Distress signals
Property profile

2511 Empire Dr Winston Salem, NC 27103

OFF-MARKET
Warehouses
Property ID
US53-0239742
12,000 SF 1.96 ac lot Built 1986
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1986
Construction STEEL FRAME
Total area 12,000 SF
Lot 1.96 ac (85,378 SF)
Zoning code GI
APN 6803-87-9487.00
UPID US53-0239742

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2511 Empire Dr Winston Salem, NC 27103-6709
Winston Salem metro Census 3804 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$630k
CAP Approach CAP
by Request
Comparable Approach Comparable
$562k
Blend (final) Blend
$535k

Owner & transaction history

since 2020
Last sale
$555,000
3 recorded transactions
2020
$555,000
2006
Price N/A
2001
$280,000

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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