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Property profile & analytics
OFF-MARKET
Estimated value
$2,405,000
Outlet malls
2105 Peters Crk Pkwy Winston Salem, NC 27127-3712
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-3935236
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1987
Total area
39,990 SF
Lot
2.48 ac (108,029 SF)
Zoning code
HB
APN
6824-86-8543.00
UPID
US53-3935236
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
-
ATM Atm
-
Johnstone Supply Winston-Salem Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.14M
Blend (final)
Blend
$2.41M
Owner & transaction history
Lax Properties LLC · 5 yrs held
Lax Properties LLC
since 2020
Last sale
$2.4M
5 recorded transactions
Zoning & alternative use
HB · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The HB District is primarily intended to accommodate retail service, distributive uses, and high-density residential
Zone name
Highway Business
General category
COMMERCIAL
Zone area
2,323.66 ac
Source
Realmo
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
$2,335,000
ML approach
$2,460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.41M
Range $2.16M – $2.65M · ±10% · vs last sale $2.41M (Oct 9 2020)
Last sale anchor
$2.41M
Oct 9 2020
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
$60 / 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
$34,332
Tax year 2024
Assessed value
$2,320,200
Assessed 2024
Previous assessed
$2,320,200
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$483,600
Assessed improvement
$1,836,600
Land market value
$483,600
Improvement market value
$1,836,600
Total market value
$2,320,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1987
Heating
NONE
Stories
1
Total area
39,990 SF
Lot
2.48 ac (108,029 SF)
Zoning code
HB
APN
6824-86-8543.00
UPID
US53-3935236
Jurisdiction
FORSYTH
Zoning & alternative use
HB · Winston Salem, NCZoning HB · permitted uses
HB · Winston Salem, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The HB District is primarily intended to accommodate retail service, distributive uses, and high-density residential
Zone name
Highway Business
General category
COMMERCIAL
Zone area
2,323.66 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Stories
1
Lot
2.48 ac
Current owner
From public records · entity-resolved
Lax Properties LLC
Entity
Mailing address
PO BOX 37385, RALEIGH, NC 27627-7385
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2020
$2,411,000
Lax Properties LLC
Cm & Dm Properties LLC
Special Warranty Deed
$1,928,800 · First National Bank Of Pennsylvania
Oct 8, 2020
—
Windsor Investments LLC
—
Deed
related
$12,500,000 · Flagstar Bk
Dec 13, 2017
$2,000,000
Cm & Dm Properties LLC
Burnettes Marketplace LLC
Warranty Deed
—
Feb 5, 2014
—
Burnettes At Marketplace LLC
Marketplace Ventures Ptshp
Quit Claim Deed
related
—
—
—
Windsor Investments LLC
—
Loan Modification
related
$12,500,000 · Flagstar Bk
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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