Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,600,000
Industrial properties
3760 Kimwell Dr Winston Salem, NC 27103-6706
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1839150
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1976
Total area
30,391 SF
Lot
4.01 ac (174,676 SF)
Zoning code
GI
APN
6803-97-1779.00
UPID
US53-1839150
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.60M
Owner & transaction history
Kimwell Drive Properties LP · 2 yrs held
Kimwell Drive Properties LP
since 2024
Last sale
$4.6M
7 recorded transactions
Zoning & alternative use
GI · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The GI District is primarily intended to accommodate a wide range of assembling, fabricating, and manufacturing activities
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
3,496.41 ac
Source
Realmo
Top alternative use upside
Medical building
$4.8M
+81.2%
Retail stores
$4.2M
+59.3%
Auto repair, garage
$3.9M
+49.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Winston Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winston Salem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,600,000
ML approach
$4,600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,770,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$4,195,000
Change: +59% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,930,000
Change: +49% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,010,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$4.60M
Range $4.14M – $5.06M · ±10% · vs last sale $4.60M (Jul 22 2024)
Last sale anchor
$4.60M
Jul 22 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$151 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,712
Tax year 2023
Assessed value
$1,555,200
Assessed 2024
Previous assessed
$1,555,200
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$496,600
Assessed improvement
$1,058,600
Land market value
$496,600
Improvement market value
$1,058,600
Total market value
$1,555,200
Applied tax rate
13,164.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1976
Heating
NONE
Buildings
2
Stories
1
Total area
30,391 SF
Lot
4.01 ac (174,676 SF)
Zoning code
GI
APN
6803-97-1779.00
UPID
US53-1839150
Jurisdiction
FORSYTH
Zoning & alternative use
GI · Winston Salem, NCZoning GI · permitted uses
GI · Winston Salem, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The GI District is primarily intended to accommodate a wide range of assembling, fabricating, and manufacturing activities
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
3,496.41 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$4.8M
RETAIL STORES
Est. value
$4.2M
AUTO REPAIR, GARAGE
Est. value
$3.9M
COMMERCIAL (GENERAL)
Est. value
$3.0M
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1976
Heating
NONE
Stories
1
Buildings
2
Lot
4.01 ac
Current owner
From public records · entity-resolved
Kimwell Drive Properties LP
Entity
Mailing address
3301 ATLANTIC AVE, RALEIGH, NC 27604-1658
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 22, 2024
$460,000
Kimwell Drive Properties LP
Kimwell Drive Properties LLC
Special Warranty Deed
$2,300,000 · Symetra Life Insurance Co
Jul 22, 2024
—
Kimwell Drive Properties LP
Kimwell Drive Properties LLC
Intrafamily Transfer
related
—
Nov 30, 2022
$2,800,000
Kimwell Drive Properties LLC
Kimwell Re LLC
Special Warranty Deed
—
Nov 30, 2022
—
Kimwell Drive Properties LLC
Kimwell Re LLC
Intrafamily Transfer
related
$5,875,224 · Triad Financial Services INC
Jun 14, 2019
$1,300,000
Kimwell Re LLC
Hpfabrics INC
Grant Deed
—
Jun 14, 2019
—
Kimwell Re LLC
—
Correction Deed
related
$1,300,000 · American Natl Bk & Tr Co
Apr 11, 2017
$1,538,491
Hpfabrics INC
Diorio Joseph M
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3760 Kimwell Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
