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Property profile & analytics
OFF-MARKET
Estimated value
$13,675,000
Warehouses
4043 Reynolds Ct, Winston Salem, NC 27105-3473
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0031015
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2022
Total area
110,167 SF
Lot
8.85 ac (385,506 SF)
Zoning code
GI
APN
6827-91-8600.00
UPID
US53-0031015
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
$13.77M
CAP Approach
CAP
$10.88M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.68M
Owner & transaction history
Toyota Tsusho America INC · 1 yrs held
Toyota Tsusho America INC
since 2024
Last sale
$13.6M
2 recorded transactions
Zoning & alternative use
GI · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$18.3M
+242.6%
Auto repair, garage
$14.2M
+167.0%
Retail stores
$11.1M
+107.3%
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
$13,770,000
ML approach
$13,770,000
CAP Approach
CAP Return
Estimation
6%
$11,785,000
6.5%
$10,875,000
7%
$10,100,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$18,285,000
Change: +243% · Conversion: Difficult
AUTO REPAIR, GARAGE
$14,245,000
Change: +167% · Conversion: Easy
RETAIL STORES
$11,060,000
Change: +107% · Conversion: Moderate
COMMERCIAL (GENERAL)
$10,440,000
Change: +96% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$10,255,000
Change: +92% · Conversion: Easy
Blend value · Realmo final
$13.68M
Range $12.31M – $15.04M · ±10% · vs last sale $13.58M (Sep 19 2025)
Last sale anchor
$13.58M
Sep 19 2025
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
$124 / 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
$81,383
Tax year 2023
Assessed value
$8,552,000
Assessed 2024
Effective rate
0.95%
On assessed value
Assessed land
$800,200
Assessed improvement
$7,751,800
Land market value
$800,200
Improvement market value
$7,751,800
Total market value
$8,552,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2022
Stories
1
Total area
110,167 SF
Lot
8.85 ac (385,506 SF)
Zoning code
GI
APN
6827-91-8600.00
UPID
US53-0031015
Jurisdiction
FORSYTH
Zoning & alternative use
GI · Winston Salem, NC
Zoning 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
Winston Salem. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$18.3M
AUTO REPAIR, GARAGE
Est. value
$14.2M
RETAIL STORES
Est. value
$11.1M
COMMERCIAL (GENERAL)
Est. value
$10.4M
INDUSTRIAL (GENERAL)
Est. value
$10.3M
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
INDUSTRIAL (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
2022
Stories
1
Lot
8.85 ac
Current owner
From public records · entity-resolved
Toyota Tsusho America INC
Entity
Free & Clear · 1 yrs held
Mailing address
34505 W 12TH MILE RD STE #200, FARMINGTON HILLS, MI 48331-3286
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2024
$13,770,500
Toyota Tsusho America INC
Wp Property LLC
Special Warranty Deed
—
Apr 21, 2022
$650,000
Wp Property LLC
Wpda INC
Special Warranty 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.
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