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Property profile & analytics
OFF-MARKET Estimated value $1,010,000
Industrial properties

4401 Cherry St Winston Salem, NC 27105-2500

15,452 SF 1.2 ac lot Built 1985
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US53-3978925
Property summary
AI-generated overview

This exceptional 15,457-square-foot industrial property, located at 4401 N Cherry Street, offers a versatile flex/warehouse space ideal for a variety of businesses. The single-story building, constructed in 1985 and extensively renovated in 2021, boasts a Class B rating and features 17-foot ceilings, providing ample room for storage and operations. The property includes 38 total parking spaces and four convenient drive-in doors, eliminating the need for loading docks. The 1.2-acre lot provides excellent visibility from the road. Currently, 3,586 square feet of space is immediately available, with a minimum divisible unit of 1,802 square feet and a maximum contiguous space of 5,000 square feet. The building is fully climate-controlled (100% heated and cooled), ensuring a comfortable work environment year-round. The property is zoned HB and benefits from three-phase power. Its convenient location offers easy access to US Hwy 52 and is surrounded by a diverse mix of businesses including office spaces, light manufacturing, distribution centers, and various service contractors. Property taxes are $0.53 per square foot. This is a fantastic opportunity to secure a well-maintained, strategically located industrial space.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1985
Total area 15,452 SF
Lot 1.2 ac (52,272 SF)
Zoning code HB
APN 6827-65-7410.00
UPID US53-3978925
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
Current use
Occupant on record · Public records
  • Milestones Treatment & Learning Center Physician
  • Viva Electric Electrical Service General Contractor
  • Ease Plumbing - Winston-Salem Plumbing Service General Contractor
  • Carr J Jeffrey MD Physician
  • Tile Liquidators Winston Salem Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.01M
CAP Approach CAP
$1.26M
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$1.01M
Owner & transaction history
Fulcrum Partners LLC
Fulcrum Partners LLC
since 2026
Last sale
$830,000
1 recorded transaction
2026
Price N/A
Zoning & alternative use
HB · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The HB District is primarily intended to accommodate retail service, distributive uses, and high-density residential

Zone name Highway Business
General category COMMERCIAL
Zone area 2,323.66 ac
Source Realmo
Top alternative use upside
Retail stores $1.6M +7.9%
Commercial (general) $1.5M +1.8%
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