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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Office Spaces
1389 Westgate Ctr Dr Winston Salem, NC 27103-2934
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US53-5684297
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2020
Total area
4,800 SF
Lot
0.51 ac (22,216 SF)
Zoning code
GO
APN
6814-27-3153.00
UPID
US53-5684297
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
-
MyHealth1st PA Medical Clinic
-
Edward Jones - Financial Advisor: Bryan N Dixon, CFP®|AAMS™ Financial Advisor
-
Edward Jones - Financial Advisor: Sal Valencia III, CRPC™ Financial Advisor
-
Credit Repair Winston-Salem NC | Raise My Score Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$750k
Comparable Approach
Comparable
$725k
Blend (final)
Blend
$760k
Owner & transaction history
Dixon Holdings LLC · 7 yrs held
Dixon Holdings LLC
since 2019
7 recorded transactions
Zoning & alternative use
GO · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$755,000
+58.6%
Retail stores
$665,000
+39.5%
Auto repair, garage
$620,000
+30.7%
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%
$810,000
6.5%
$750,000
7%
$695,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$475,000
Current use
MEDICAL BUILDING
$755,000
Change: +59% · Conversion: Easy
RETAIL STORES
$665,000
Change: +39% · Conversion: Easy
AUTO REPAIR, GARAGE
$620,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$760k
Range $684k – $836k · ±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
$158 / 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
$8,711
Tax year 2024
Assessed value
$765,500
Assessed 2024
Previous assessed
$635,400
+20.5% YoY
Effective rate
1.14%
On assessed value
Assessed land
$208,400
Assessed improvement
$557,100
Land market value
$208,400
Improvement market value
$557,100
Total market value
$765,500
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2020
Heating
NONE
Stories
1
Total area
4,800 SF
Lot
0.51 ac (22,216 SF)
Zoning code
GO
APN
6814-27-3153.00
UPID
US53-5684297
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
COMMERCIAL (GENERAL) Current
Est. value
$475,000
MEDICAL BUILDING
Est. value
$755,000
RETAIL STORES
Est. value
$665,000
AUTO REPAIR, GARAGE
Est. value
$620,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
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
2020
Heating
NONE
Stories
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Dixon Holdings LLC
Entity
Mailing address
1389 WESTGATE CTR DR, WINSTON SALEM, NC 27103-2934
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2023
—
Dixon Holdings LLC
—
Deed
related
$150,000 · American National Bank & Trust
Jun 15, 2023
—
Dixon Holdings LLC
—
Deed
related
$100,000 · American National Bank & Trust Co
May 29, 2020
—
Dixon Holdings LLC
—
Deed
related
$672,645 · American National Bank & Trust Co
Jul 10, 2019
$175,000
Dixon Holdings LLC
I 40 Union Cross Re LLC
Warranty Deed
$116,250 · American National Bank & Trust Co
Dec 20, 2017
$106,000
I-40/union Cross Re LLC
Austin Mitchell Invs LLC
Warranty Deed
—
Dec 21, 2006
$180,000
Austin Mitchell Investments LLC
International Investments INC
Warranty Deed
$180,000 · Branch Banking And Trust Co
Aug 31, 2005
$110,000
International Investments INC
Yuson Properties LLC
Warranty Deed
$93,500 · Southern Community Bank
Dec 28, 1999
—
Yuson Properties LLC
Yuson,carlo P
Quit Claim Deed
related
—
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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