Property profile

1396 Old Ml Cir Winston Salem, NC 27103

OFF-MARKET
Medical Office Space
Property ID
US53-5787466
5,032 SF 0.41 ac lot Built 1981
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1981
Construction BRICK
Total area 5,032 SF
Lot 0.41 ac (17,860 SF)
Zoning code GO
APN 6814-38-0896.00
UPID US53-5787466

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Advertising Agency Marketing & Advertising
  • Hair Salon Nail Salon
  • Dental Office
  • Medical Clinic Skin Care Clinic

Location

1396 Old Ml Cir Winston Salem, NC 27103-2976
Winston Salem metro Census 3805 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
$679k
Blend (final) Blend
$500k

Owner & transaction history

since 2022
Last sale
$487,500
2 recorded transactions
2022
$487,500
2006
$487,500

Zoning & alternative use

GO · Winston Salem, NC
Zoning description

The GO District is primarily intended to accommodate high intensity office uses and supporting services, as well as intermediate-density residential uses

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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