Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,525,000
Refrigerated & Cold Storage
549 Brookwood Business Park Dr Winston Salem, NC 27105-4479
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-2528442
Property profile
Verified
Property type
Refrigerated & Cold Storage
Use group
COLD STORAGE
Year built
2020
Construction
FRAME
Total area
45,900 SF
Lot
6.34 ac (276,170 SF)
Zoning code
LI
APN
6836-68-5022.00
UPID
US53-2528442
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
by Request
CAP Approach
CAP
$4.53M
Comparable Approach
Comparable
$3.35M
Blend (final)
Blend
$3.53M
Owner & transaction history
549 Brookwood LLC · 5 yrs held
549 Brookwood LLC
since 2020
2 recorded transactions
Zoning & alternative use
LI · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The LI District is primarily intended to accommodate limited manufacturing, wholesaling, warehousing, research and development, and related commercial and service activities which, in their normal operations, have little or no adverse effect upon adjoining properties
Zone name
Limited Industrial
General category
INDUSTRIAL
Zone area
2,297.37 ac
Source
Realmo
Top alternative use upside
Retail stores
$4.6M
+107.3%
Commercial (general)
$4.4M
+95.6%
Industrial (general)
$4.3M
+92.1%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,910,000
6.5%
$4,530,000
7%
$4,210,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,225,000
Current use
RETAIL STORES
$4,610,000
Change: +107% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,350,000
Change: +96% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,270,000
Change: +92% · Conversion: Easy
Blend value · Realmo final
$3.53M
Range $3.17M – $3.88M · ±10%
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
$77 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$45,724
Tax year 2024
Assessed value
$4,355,200
Assessed 2024
Previous assessed
$4,355,200
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$205,300
Assessed improvement
$4,149,900
Land market value
$205,300
Improvement market value
$4,149,900
Total market value
$4,355,200
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
Refrigerated & Cold Storage
Use group
COLD STORAGE
Status
Off-Market
Year built
2020
Construction
FRAME
Heating
NONE
Stories
1
Total area
45,900 SF
Lot
6.34 ac (276,170 SF)
Zoning code
LI
APN
6836-68-5022.00
UPID
US53-2528442
Jurisdiction
FORSYTH
Zoning & alternative use
LI · Winston Salem, NCZoning LI · permitted uses
LI · Winston Salem, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The LI District is primarily intended to accommodate limited manufacturing, wholesaling, warehousing, research and development, and related commercial and service activities which, in their normal operations, have little or no adverse effect upon adjoining properties
Zone name
Limited Industrial
General category
INDUSTRIAL
Zone area
2,297.37 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.2M
RETAIL STORES
Est. value
$4.6M
COMMERCIAL (GENERAL)
Est. value
$4.4M
INDUSTRIAL (GENERAL)
Est. value
$4.3M
WAREHOUSE, STORAGE Current
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
2020
Construction
FRAME
Heating
NONE
Stories
1
Lot
6.34 ac
Current owner
From public records · entity-resolved
549 Brookwood LLC
Entity
Mailing address
549 BROOKWOOD BUSINESS PARK DR, WINSTON SALEM, NC 27105-4479
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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 25, 2020
—
549 Brookwood LLC
Itac 438 LLC
Special Warranty Deed
$7,012,500 · First Citizens Bank & Trust Co
Nov 27, 2019
—
Itac 438 LLC
City Of Winston-salem
Grant Deed
$262,914 · 549 Brookwood LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 549 Brookwood Business Park Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
