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Property profile & analytics
OFF-MARKET
Drug stores
2125 Cloverdale Ave Winston Salem, NC 27103-2506
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0145021
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2004
Construction
CONCRETE
Total area
13,515 SF
Lot
2.07 ac (90,169 SF)
Zoning code
HB
APN
6825-34-8310.00
UPID
US53-0145021
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
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Walgreens Pharmacy Pharmacy
-
Walgreens Pharmacy
-
Michael Haensel Pharmacy
-
Clare Fish Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
2125 Cloverdale Avenue LLC · 1 yrs held
2125 Cloverdale Avenue LLC
since 2025
Last sale
$5.6M
7 recorded transactions
Zoning & alternative use
HB · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$65,779
Tax year 2024
Assessed value
$4,602,200
Assessed 2024
Effective rate
1.43%
On assessed value
Assessed land
$2,795,900
Assessed improvement
$1,806,300
Land market value
$2,795,900
Improvement market value
$1,806,300
Total market value
$4,602,200
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2004
Construction
CONCRETE
Heating
NONE
Stories
1
Total area
13,515 SF
Lot
2.07 ac (90,169 SF)
Zoning code
HB
APN
6825-34-8310.00
UPID
US53-0145021
Jurisdiction
FORSYTH
Zoning & alternative use
HB · Winston Salem, NC
Zoning 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
Winston Salem. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Construction
CONCRETE
Heating
NONE
Stories
1
Lot
2.07 ac
Current owner
From public records · entity-resolved
2125 Cloverdale Avenue LLC
Entity
Free & Clear · 1 yrs held
Mailing address
382 TIMBER RDG DR, BARTLETT, IL 60103-6602
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Feb 5, 2026
—
2125 Cloverdale Avenue LLC
—
Deed
related
$3,510,000 · Allegacy FCU
May 1, 2025
$5,627,000
2125 Cloverdale Avenue LLC
Cardinal Green Investments LLC
Special Warranty Deed
—
Apr 21, 2025
$4,340,000
Cardinal Green Investments LLC
Tenneys Winston Salem LLC
Special Warranty Deed
$3,719,334 · The Northern Trust Co
Apr 21, 2025
—
Walgreen Co
Cardinal Green Investments LLC
Deed
—
May 1, 2015
—
Tenneys Winston Salem LLC
Djt Winston Salem LLC
Warranty Deed
—
Jul 21, 2005
$5,843,000
Djt Winston-salem LLC
Wiv-winston-salem LLC
Grant Deed
$4,200,000 · Lasalle National Bank
Mar 19, 2004
$1,900,000
Wiv-winston-salem LLC
State Of North Carolina
Grant Deed
—
—
—
Wiv-winston-salem LLC
—
Deed Of Trust
related
$4,315,000 · Mercantile Nat'l Bank Indiana
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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