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    Property profile & analytics

    4994 Indiana Ave Winston Salem, NC 27106-2810

    • Industrial properties
    • 42,420 SF
    • 2.91 lot acres
    OFF-MARKET
    Value Estimation
    $1,175,000
    Location Intelligence
    Property ID
    US53-1729252
    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

    • Trimantec / Pneumatic Tools Supplier / Welder
    • Mucina Stone • Main Office / Stone Supplier
    • Hach Associates / Marketing Consultant / Electronics Store

    Property Details for 4994 Indiana Ave

    Year built
    1984
    Construction
    STEEL FRAME
    Lot size
    2.91 lot acres
    Property size
    42,420 SF
    Zone code
    LI
    Property type
    Industrial properties
    APN
    6827-27-7480.00
    APU
    682727748000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,180,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,285,000
      6.5%
      $1,270,000
      7%
      $1,240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,435,000
      Geo Method
      $1,360,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,405,000
      Retail
      $1,095,000
      Mixed-Use
      $1,515,000
      Hospitality
      $1,175,000
      Educational
      $1,430,000
      Residential Income
      $1,150,000
      Energy
      $1,155,000
      Income-Based Land
      $1,250,000
      Food Service
      $1,375,000

    Location Insight

    • Map
    • Local Demand
    City
    Winston Salem
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.2777
    Latitude
    36.1541
    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
    $19,317
    $233,500
    $1,321,000
    $1,554,500
    -
    $233,500
    $1,321,000
    $1,554,500

    Comparable in this City

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      0.70 Acres

      1215 Bethania Rural Hall Rd

      INDUSTRIAL (GENERAL) • 0.70 Acres
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    • Value Estimation
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      195 Altay Dr

      INDUSTRIAL (GENERAL) • 9,600 SF
      195 Altay Dr, Winston Salem, NC 27106-9433
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    • Value Estimation
      $245,000
      4,000 SF

      3907 Reynolda Rd

      INDUSTRIAL (GENERAL) • 4,000 SF
      3907 Reynolda Rd, Winston Salem, NC 27106-1711
      View Details
    • Value Estimation
      $4,735,000
      52,500 SF

      8075 Pt Blvd

      INDUSTRIAL (GENERAL) • 52,500 SF
      8075 Pt Blvd, Winston Salem, NC 27106-3286
      View Details

    Similar Nearby for Sale

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      0.42 Acres

      Winston-Salem Commercial Land Parcel

      Prime .42-acre commercial lot, high traffic area.
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      Land parcel near a Publix-anchored mixed-use development.
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      Commercial property with high traffic, dual access, and ample parking.
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    Similar Nearby for Lease

    • $15 SF/Yr
      5,480 SF

      Winston-Salem Office Space Available

      Prime office space, 2,731 sq ft, excellent location.
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      Winston-Salem retail space, excellent visibility.
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      Recently updated home featuring a private balcony and modern amenities.
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      Reynolda Road Retail Space

      Winston-Salem retail space available. High visibility location.
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    • $8 SF/Yr
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      Coliseum Park Plaza Office Suites

      Forsyth County office space, 5 suites available.
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    • Contact for pricing
      132,782 SF

      Robinhood Village Retail Space

      Prime Forsyth County retail opportunity.
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    4994 Indiana Ave
    Winston Salem, NC 27106-2810
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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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