Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4791 Kirk Rd Winston Salem, NC 27103-1218

    • Warehouses
    • 3,000 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-5634767
    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

    • Novakon International Corp. / Building Supply / Factory

    Property Details for 4791 Kirk Rd

    Year built
    2002
    Construction
    STEEL FRAME
    Lot size
    0.27 lot acres
    Property size
    3,000 SF
    Zone code
    GB
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    6804-37-2025.00
    APU
    680437202500

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Winston Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.3426
    Latitude
    36.07
    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
    $4,509
    $68,300
    $253,100
    $321,400
    -
    $68,300
    $253,100
    $321,400

    Comparable in this City

    • Value Estimation
      $1,935,000
      21,738 SF

      345 Witt St

      MINI-WAREHOUSE, STORAGE • 21,738 SF
      345 Witt St, Winston Salem, NC 27103-1953
      View Details
    • Value Estimation
      $4,455,000
      139,835 SF

      2550 Empire Dr

      MINI-WAREHOUSE, STORAGE • 139,835 SF
      2550 Empire Dr, Winston Salem, NC 27103-6722
      View Details
    • Value Estimation
      $10,480,000
      86,688 SF

      2365 Winterhaven Ln

      MINI-WAREHOUSE, STORAGE • 86,688 SF
      2365 Winterhaven Ln, Winston Salem, NC 27103-6792
      View Details
    • Value Estimation
      $955,000
      10,081 SF

      355 Witt St

      MINI-WAREHOUSE, STORAGE • 10,081 SF
      355 Witt St, Winston Salem, NC 27103-1953
      View Details
    • Value Estimation
      $1,015,000
      6,400 SF

      672 Stratford Rd

      MINI-WAREHOUSE, STORAGE • 6,400 SF
      672 Stratford Rd, Winston Salem, NC 27103-1726
      View Details
    • Value Estimation
      $14,200,000
      100,000 SF

      3948 Westpoint Blvd

      MINI-WAREHOUSE, STORAGE • 100,000 SF
      3948 Westpoint Blvd, Winston Salem, NC 27103-6770
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      300,000 SF

      300,000 SF Industrial Building

      300,000 SF industrial building with 23,000 SF office space.
      3811 Kimwell Dr, Winston-Salem, NC 27103
      View Details
    • Contact for pricing
      28,750 SF

      Stratford Road Commercial Land Parcel

      0.66 acre commercial land parcel with development potential.
      3255 S Stratford Rd, Winston-Salem, NC 27103
      View Details
    • $300,000
      1.11 Acres

      Winston-Salem Land For Sale

      Two combined lots totaling 1.11 acres near I-40.
      3660/3670 Westgate Center Cir, Winston-Salem, NC 27103
      View Details
    • $199,500
      0.74 Acres

      Winston-Salem Land Investment Opportunity

      Unique property zoned RM 18, suitable for apartments/condos.
      1504 Miller St, Winston-Salem, NC 27103
      View Details
    • Contact for pricing
      0.44 Acres

      Residential Lot in Ashford Subdivision

      Sloping lot ideal for custom basement home in Winston-Salem.
      2112 Hollinswood Ct, Winston-Salem, NC 27103
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr
      57,600 SF

      Winston Salem Warehouse and Office

      57,600 SF warehouse with office space for lease.
      199 Budd Blvd, Winston Salem, NC 27103
      View Details
    • Contact for pricing
      52,790 SF

      Winston Salem Warehouse For Rent

      52,790 SF warehouse with convenient highway access.
      191 Budd Blvd, Winston Salem, NC 27103
      View Details
    • Contact for pricing

      New Construction Flex Space Available

      New construction flex space in West Point Business Park.
      3947 W Point Blvd, Winston-Salem, NC 27103
      View Details
    • Contact for pricing

      Versatile Industrial Space Near Clemmons

      Industrial-zoned commercial space with offices, open area, and drive-in doors.
      6206 Hackers Bnd Ct, Winston-Salem, NC 27103
      View Details
    • Contact for pricing

      Retail Space at Jonestown Road

      Retail space with high visibility and convenient location.
      301 Jonestown Rd, Winston-Salem, NC 27103
      View Details
    • Contact for pricing
      15,468 SF

      Winston-Salem Flex/Industrial Space

      Flex/industrial space with easy access to major transportation routes.
      3900 Westpoint Blvd, Winston-Salem, NC 27103
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4791 Kirk Rd
    Winston Salem, NC 27103-1218
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!