New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Drive through restaurants
140 Hanes Sq Cir, Winston Salem, NC 27103-5513
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0325790
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2001
Construction
BRICK
Total area
3,986 SF
Lot
1.13 ac (49,223 SF)
Zoning code
GB-S
APN
6804-95-8995.00
UPID
US53-0325790
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
$1.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$793k
Blend (final)
Blend
$1.30M
Owner & transaction history
Lfi Wheaton V LLC · 1 yrs held
Lfi Wheaton V LLC
since 2024
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
GB-S · 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
$1,300,000
ML approach
$1,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±10% · vs last sale $1.30M (Sep 19 2024)
Last sale anchor
$1.30M
Sep 19 2024
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
$326 / 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
$11,639
Tax year 2024
Assessed value
$829,700
Assessed 2024
Previous assessed
$829,700
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$506,000
Assessed improvement
$323,700
Land market value
$506,000
Improvement market value
$323,700
Total market value
$829,700
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2001
Construction
BRICK
Heating
YES
Cooling
YES
Stories
1
Total area
3,986 SF
Lot
1.13 ac (49,223 SF)
Zoning code
GB-S
APN
6804-95-8995.00
UPID
US53-0325790
Jurisdiction
FORSYTH
Zoning & alternative use
GB-S · Winston Salem, NC
Zoning GB-S · permitted uses
GB-S · 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.
Building & site characteristics
From public records
Year built
2001
Construction
BRICK
Heating
YES
Cooling
Yes
Stories
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
Lfi Wheaton V LLC
Entity
Mailing address
9440 ENTERPRISE DR STE #300, MOKENA, IL 60448-8321
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2024
$1,300,000
Lfi Wheaton V LLC
Hanes Square Hfi LLC
Special Warranty Deed
$975,000 · Centier Bank
Mar 1, 2013
—
Fqsr LLC
—
Deed Of Trust
related
$45,400,000 · Wells Fargo Bank
Jan 8, 2013
$829,000
Hanes Square Hfi LLC
Luihn Four INC
Deed Of Trust
related
$12,800,000 · Amegy Bank NA
Apr 28, 2004
$8,000,000
Little Creek LLC
Ferrell,e V
Grant Deed
$3,245,000 · Rbc Centura Bank
Dec 19, 2003
$1,100,000
Luihn Four INC
Jhg Properties LLC
Grant Deed
$37,825,024 · Bank Of America NA Trustee
Oct 11, 2000
$738,500
Jhg Properties LLC
Michael Neill Properties LLC
Grant Deed
$450,000 · Goldston Family LP #2
—
—
Fqsr LLC
—
Loan Modification
related
$81,000,000 · Wells Fargo Bank
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 140 Hanes Sq Cir?
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.
