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    Property profile & analytics

    4991 Millennium Dr Winston Salem, NC 27107-3736

    • Warehouses
    • 200,340 SF
    • 21.50 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 30, 2022
    Location Intelligence
    Property ID
    US53-4725944
    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

    • Warehouses

    Property Details for 4991 Millennium Dr

    Year built
    2018
    Lot size
    21.50 lot acres
    Property size
    200,340 SF
    Zone code
    LI-S
    Property type
    Warehouses
    APN
    6864-52-9451.00
    APU
    686452945100

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Winston Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.1302
    Latitude
    36.0595
    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
    $130,862
    $1,177,600
    $10,749,500
    $11,927,100
    -
    $1,177,600
    $10,749,500
    $11,927,100

    Comparable in this City

    • Value Estimation by Request
      417,989 SF

      3300 Old Lexington Rd

      MINI-WAREHOUSE, STORAGE • 417,989 SF
      3300 Old Lexington Rd, Winston Salem, NC 27107-4119
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    • Value Estimation by Request
      199,441 SF

      4800 Main St

      MINI-WAREHOUSE, STORAGE • 199,441 SF
      4800 Main St, Winston Salem, NC 27107-6848
      View Details
    • Value Estimation by Request
      5,600 SF

      494 Jones Dr

      MINI-WAREHOUSE, STORAGE • 5,600 SF
      494 Jones Dr, Winston Salem, NC 27107-8821
      View Details
    • Value Estimation by Request
      2,016 SF

      3280 Clodfelter Rd

      MINI-WAREHOUSE, STORAGE • 2,016 SF
      3280 Clodfelter Rd, Winston Salem, NC 27107-8843
      View Details
    • Value Estimation by Request
      683,394 SF

      140 Business Park Dr

      WAREHOUSE, STORAGE • 683,394 SF
      140 Business Park Dr, Winston Salem, NC 27107-6539
      View Details
    • Value Estimation by Request
      500,666 SF

      4971 Millennium Dr

      WAREHOUSE, STORAGE • 500,666 SF
      4971 Millennium Dr, Winston Salem, NC 27107-3736
      View Details

    Similar Nearby for Sale

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    • $1,600,000
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    • $450,000
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      2.45-acre commercial/industrial lot, build-to-suit option.
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    • Contact for pricing
      Pending

      Land in Forsyth County Auction

      Land available through online auction in Forsyth County, North Carolina.
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    • $705,675
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      Prime Commercial Land, Winston-Salem

      2.16-acre US-52 retail parcel, great visibility.
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      Winston-Salem Wooded Land Tract

      9.21 acre wooded land tract in Winston-Salem, North Carolina.
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    Similar Nearby for Lease

    • Contact for pricing

      Winston-Salem Industrial Facility For Rent

      Versatile industrial facility suitable for manufacturing, distribution, or warehousing.
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    • Contact for pricing

      Winston-Salem Industrial Facility For Rent

      Versatile industrial facility suitable for manufacturing, distribution, or warehousing.
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    • $4 SF/Yr
      96,248 SF

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      Forsyth County industrial flex space, 25,207-96,248 SF
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    • $144 SF/Yr
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      Midway Commons Retail Space

      Winston-Salem Retail Opportunity: 1,000-17,595 SF
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      17,595 SF

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      17,595 SF retail space available with loading dock.
      189 Hickory Tree Rd, Winston Salem, NC 27107
      View Details
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    Winston Salem, NC 27107-3736
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    Realmo Value Estimation

    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.

    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.

    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
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