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Property profile & analytics
OFF-MARKET
Estimated value
$1,475,000
Medical Office Space
1345 Westgate Ctr Dr Winston Salem, NC 27103-3040
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0845414
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2003
Construction
WOOD
Total area
12,070 SF
Lot
1.18 ac (51,401 SF)
Zoning code
GO
APN
6814-28-6007.00
UPID
US53-0845414
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
-
Dr. W. Bryan Jennings Physician
-
Tierney Orthotics and Prosthetics Orthotics & Prosthetics Service
-
Jerome Jennings Physician
-
White Sallie S Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.48M
Owner & transaction history
Capital Investors LLC · 5 yrs held
Capital Investors LLC
since 2021
6 recorded transactions
Zoning & alternative use
GO · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,895,000
Current use
RETAIL STORES
$1,665,000
Change: -12% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,560,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.48M
Range $1.33M – $1.62M · ±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
$122 / 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
$22,543
Tax year 2024
Assessed value
$1,683,400
Assessed 2024
Previous assessed
$1,683,400
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$293,800
Assessed improvement
$1,389,600
Land market value
$293,800
Improvement market value
$1,389,600
Total market value
$1,683,400
Applied tax rate
13,164.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2003
Construction
WOOD
Heating
NONE
Cooling
AC.PACKAGE
Stories
1
Total area
12,070 SF
Lot
1.18 ac (51,401 SF)
Zoning code
GO
APN
6814-28-6007.00
UPID
US53-0845414
Jurisdiction
FORSYTH
Zoning & alternative use
GO · Winston Salem, NC
Zoning GO · permitted uses
GO · Winston Salem, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Winston Salem. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.9M
RETAIL STORES
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.6M
MEDICAL BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
2003
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.18 ac
Current owner
From public records · entity-resolved
Capital Investors LLC
Entity
Mailing address
1310 LEWISVILLE CLEMMONS RD, LEWISVILLE, NC 27023-9635
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2021
—
Capital Investors LLC
Yellowbrick Paving Company LLC
Deed
$2,640,000 · Truist Bank
Jun 15, 2021
$3,235,000
Capital Investors Nc LLC
Yellowbrick Paving Company LLC
Warranty Deed
—
Jan 24, 2020
—
Yellowbrick Paving Company LLC
—
Deed
related
$1,600,000 · First Citizens Bank & Trust Co
Apr 23, 2002
$245,000
Yellowbrick Paving Co LLC
Westgate Center Partners
Grant Deed
$240,000 · Central Carolina Bank & Trust
—
—
Yellowbrick Paving Co LLC
—
Deed Of Trust
related
$200,000 · First Citizens Bank & Trust Co
—
—
Yellowbrick Paving Co LLC
—
Deed Of Trust
related
$1,650,000 · First Citizens Bank & Trust Co
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.
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