Technical
Financial
Distress signals
Property profile

3105 Glenn Ave Winston Salem, NC 27105

OFF-MARKET
Manufacturing properties
Property ID
US53-1345834
10.68 ac lot Built 1925
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 10.68-acre industrial land parcel is located at 3105 N Glenn Ave in Winston-Salem, Forsyth County, North Carolina, zip code 27105. The property is designated as industrial land for single or multi-tenant use and offers significant advantages for businesses seeking a strategic location. The site features a gated entrance and a paved drop yard, providing enhanced security and convenient loading/unloading capabilities. Its proximity to major transportation arteries is a key benefit. The property is less than one mile from US Highway 52, offering easy access to regional and national transportation networks. Nearby Highway 421 provides additional connectivity options. This location provides excellent accessibility for distribution, logistics, and manufacturing operations. The absence of existing buildings allows for complete customization to meet specific business needs and future expansion. The property's size and features make it an ideal location for a variety of industrial uses. Serious inquiries are encouraged.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1925
Lot 10.68 ac (465,221 SF)
Zoning code GI
APN 6836-48-3589.00
UPID US53-1345834

Cap rate & NOI

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

Location

3105 Glenn Ave Winston Salem, NC 27105-4414
Winston Salem metro Census 1500 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$85k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85k

Owner & transaction history

since 2022
Last sale
$20,000
2 recorded transactions
2022
$20,000
2011
$207,500

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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