Technical
Financial
Distress signals
Property profile

2941 Middleton St Winston Salem, NC 27107

OFF-MARKET
Industrial land
Property ID
US53-2590087
0.47 ac lot
Entity Owned 11-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.61-acre commercial land parcel, located at 2941 Middleton Street in Winston-Salem, North Carolina, presents a unique build-to-suit opportunity. The property is zoned LI and boasts convenient access to major transportation arteries, including I-40, I-74, and US Highway 52. This strategic location offers excellent visibility and proximity to a thriving mix of local businesses and residential areas, ensuring strong potential for future development. Current plans for the site include a proposed ±7,000 square foot warehouse/flex building. The design incorporates a 65' x 115' warehouse structure, featuring one drive-in door and one recessed loading dock, providing efficient and versatile space for a variety of commercial uses. The property's Forsyth County location, with APN numbers 6834-73-4156 & 6834-73-4056, offers a stable and desirable market for commercial development. This build-to-suit opportunity allows for customization to meet specific business needs, making it an ideal investment for entrepreneurs and businesses seeking a strategic location with excellent infrastructure and accessibility. The site's size and zoning provide ample flexibility for future expansion or modification. This is a rare chance to secure a prime location in a growing area of Winston-Salem.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 0.47 ac (20,473 SF)
Zoning code LI
APN 6834-73-4156.00
UPID US53-2590087

Cap rate & NOI

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

Location

2941 Middleton St Winston Salem, NC 27107-4106
Winston Salem metro Census 2001 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2015
1 recorded transaction
2015
Price N/A

Zoning & alternative use

LI · Winston Salem, NC
Zoning description

The LI District is primarily intended to accommodate limited manufacturing, wholesaling, warehousing, research and development, and related commercial and service activities which, in their normal operations, have little…

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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