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Property profile & analytics
OFF-MARKET Estimated value $5,040,000
Industrial properties

3811 Kimwell Dr Winston Salem, NC 27103-6707

135,325 SF 10.22 ac lot Built 1972
Individually Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US53-1538260
Property summary
AI-generated overview

This exceptional industrial property, located at 3811 Kimwell Dr in Winston-Salem, North Carolina, presents a significant investment opportunity. The 300,000 square foot building sits on a 10.247-acre lot and is zoned GI – Industrial, offering flexibility for various manufacturing and warehousing operations. Constructed in phases (1972/1987), the property boasts substantial features including 13 loading docks and 5 drive-in doors, ensuring efficient material handling. High ceilings, ranging from 21'10" to 23'2", provide ample vertical space. The property includes approximately 24,000 square feet of office space. Utilities are readily available, including heavy power (15,000 volts), gas, sewer, and water. The building is fully sprinklered for fire protection. Ample parking is provided with 147 spaces. This property is ideally situated in Forsyth County, offering easy access to major transportation routes and a skilled workforce. The asking price for this substantial industrial facility is $9,500,000. This presents a rare opportunity to acquire a well-maintained, large-scale industrial property in a prime location. The property's size, features, and location make it an attractive option for businesses seeking to expand or relocate their operations.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1972
Total area 135,325 SF
Lot 10.22 ac (445,183 SF)
Zoning code GI
APN 6803-88-9655.00
UPID US53-1538260
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.44M
Blend (final) Blend
$5.04M
Owner & transaction history
Hpfabrics · 9 yrs held
Hpfabrics
since 2017
1 recorded transaction
2017
$2.1M
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
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