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    Property profile & analytics

    355 Business Park Dr Winston Salem, NC 27107-6548

    • Distribution centers
    • 36,797 SF
    • 7.15 lot acres
    OFF-MARKET
    Value Estimation
    $1,000,000
    Location Intelligence
    Property ID
    US53-5720477
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Atlantic Coast ToyotaLift / ACT Construction Equipment / Forklift Dealer / Construction Equipment Supplier

    Property Details for 355 Business Park Dr

    Year built
    2006
    Construction
    BRICK
    Lot size
    7.15 lot acres
    Property size
    36,797 SF
    Zone code
    LI
    Property type
    Distribution centers
    APN
    6853-94-7840.00
    APU
    685394784000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,180,000

    • CAP approach

      CAP return
      Estimation
      6%
      $840,000
      6.5%
      $935,000
      7%
      $825,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $885,000
      Geo Method
      $820,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $970,000
      Retail
      $960,000
      Mixed-Use
      $920,000
      Hospitality
      $915,000
      Educational
      $915,000
      Residential Income
      $760,000
      Energy
      $910,000
      Income-Based Land
      $895,000
      Food Service
      $805,000

    Location Insight

    • Map
    • Local Demand
    City
    Winston Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.1509
    Latitude
    36.0382
    CBSA code
    49180
    CBSA name
    WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $29,523
    $407,500
    $2,054,100
    $2,461,600
    -
    $407,500
    $2,054,100
    $2,461,600

    Comparable in this City

    • Value Estimation by Request
      80,000 SF

      1664 Martin Luther King Dr

      Distribution properties • 80,000 SF
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    • Value Estimation by Request
      80,000 SF

      1664 Martin Luther King Dr

      Distribution properties • 80,000 SF
      1664 Martin Luther King Dr, Winston-Salem, NC 27107
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    • Value Estimation by Request
      2,976 SF

      833 Sprague St

      DISTRIBUTION WAREHOUSE • 2,976 SF
      833 Sprague St, Winston Salem, NC 27107-3322
      View Details
    • Value Estimation by Request

      2995 Starlight Dr

      Distribution properties
      2995 Starlight Dr, Winston-Salem, NC 27107
      View Details
    • Value Estimation by Request
      7.64 Acres

      508 Battery Dr

      Distribution properties • 7.64 Acres
      508 Battery Dr, Winston-Salem, NC 27107
      View Details
    • Value Estimation by Request
      105,828 SF

      4040 Business Park Cir

      DISTRIBUTION WAREHOUSE • 105,828 SF
      4040 Business Park Cir, Winston Salem, NC 27107-6515
      View Details

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      Land in Forsyth County Auction

      Land available through online auction in Forsyth County, North Carolina.
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    Similar Nearby for Lease

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      17,595 SF retail space available with loading dock.
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    Winston Salem, NC 27107-6548
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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