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Property profile & analytics
OFF-MARKET
Estimated value
$7,390,000
Industrial properties
175 Oak Plz Blvd, Winston Salem, NC 27105-1471
Entity Owned
12-yr Hold
Free & Clear
Property ID
US53-0185117
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2014
Construction
BRICK
Total area
68,689 SF
Lot
4.93 ac (214,751 SF)
Zoning code
GI
APN
6828-78-4656.00
UPID
US53-0185117
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
$5.59M
Comparable Approach
Comparable
$8.72M
Blend (final)
Blend
$7.39M
Owner & transaction history
B & E Aerospace INC · 12 yrs held
B & E Aerospace INC
since 2013
4 recorded transactions
Zoning & alternative use
GI · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$11.4M
+78.3%
Auto repair, garage
$8.9M
+38.9%
Retail stores
$6.9M
+7.9%
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%
$6,050,000
6.5%
$5,585,000
7%
$5,185,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,395,000
Current use
MEDICAL BUILDING
$11,400,000
Change: +78% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,880,000
Change: +39% · Conversion: Easy
RETAIL STORES
$6,895,000
Change: +8% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,510,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$7.39M
Range $6.65M – $8.13M · ±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
$108 / 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
$122,429
Tax year 2024
Assessed value
$9,279,200
Assessed 2024
Previous assessed
$9,279,200
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$1,196,800
Assessed improvement
$8,082,400
Land market value
$1,196,800
Improvement market value
$8,082,400
Total market value
$9,279,200
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2014
Construction
BRICK
Heating
NONE
Stories
2
Total area
68,689 SF
Lot
4.93 ac (214,751 SF)
Zoning code
GI
APN
6828-78-4656.00
UPID
US53-0185117
Jurisdiction
FORSYTH
Zoning & alternative use
GI · Winston Salem, NC
Zoning GI · permitted uses
GI · 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
INDUSTRIAL (GENERAL) Current
Est. value
$6.4M
MEDICAL BUILDING
Est. value
$11.4M
AUTO REPAIR, GARAGE
Est. value
$8.9M
RETAIL STORES
Est. value
$6.9M
COMMERCIAL (GENERAL)
Est. value
$6.5M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (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
2014
Construction
BRICK
Heating
NONE
Stories
2
Lot
4.93 ac
Current owner
From public records · entity-resolved
B & E Aerospace INC
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 54710, LEXINGTON, KY 40555-4710
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2013
$1,200,000
B & E Aerospace INC
Peller Properties LLC
Warranty Deed
—
Sep 29, 2006
$739,500
Peller Properties LLC
Hanesbrands INC
Special Warranty Deed
$250,000 · First Citizens Bank & Trust Co
Sep 21, 2006
—
Hanesbrands INC
Sara Lee Corp
Grant Deed
—
—
—
Bruce G Peller Dmd Pa
—
Deed Of Trust
related
$50,000 · 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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