Property profile

2780 Armstrong Dr Winston Salem, NC 27103

OFF-MARKET
Warehouses
Property ID
US53-1794379
14,980 SF 1.7 ac lot Built 2000
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2000
Construction STEEL FRAME
Total area 14,980 SF
Lot 1.7 ac (74,052 SF)
Zoning code GI
APN 6813-15-4845.00
UPID US53-1794379

Cap rate & NOI

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

Location

2780 Armstrong Dr Winston Salem, NC 27103-6802
Winston Salem metro Census 3804 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.09M
Blend (final) Blend
$375k

Owner & transaction history

since 2017
3 recorded transactions
2017
$395,000
2016
$300,000
2013
Price N/A

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
Top alternative use upside
Commercial (general) $1.5M +26.5%
Industrial (general) $1.3M +10.8%

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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