Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

215 N Broad St Winston-Salem, NC 27101

FOR SALE
Office Spaces
Property ID
US53-5564541
7,040 SF 0.44 ac lot Built 1966
Last sale Jan 2019 · $1,075,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This ±7,040 square foot, two-story retail and office building is ideally situated on North Broad Street in downtown Winston-Salem, boasting exceptional visibility with 13,000 vehicles passing daily. Its prime location, just two blocks from Truist Stadium, offers unparalleled convenience and accessibility. The property features ample parking with 28 spaces, ensuring ease of access for tenants and customers. The building is zoned HB and sits on a 0.44-acre lot in Forsyth County. Its warm…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$450k
Assessed land$238k
Assessed improvement$212k
Effective rate1.40%

Value estimate

· Oct 2026
$260k
$234k – $286k
Submarket $/SF estimate$618k
NOI build-up
Gross scheduled income$114k
Vacancy & credit loss−$23k
Operating expenses−$23k
NOI · 6.85% cap applied$68k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$109/SF
ZIP average, outlier-cleaned · 63 recorded sales of this use type
Observed band · Q1–Q3$57 – $176
Qualifying comparables7

Cap rate analysis

How does the asset earn?
6.85%
$68k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PB-S
The PB District is primarily intended to accommodate office, retail, service, institutional, and high density residential uses which cust...
General categoryCIVIC_INSTITUTIONAL
JurisdictionFORSYTH

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand index
Dental Office10.6
Locksmith9.1
Veterinary Clinic8.7

Location

215 N Broad St Winston-Salem, NC 27101
County assessor Recorded deeds · 9 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
206 Spruce, Winston Salem, NC 27101-2747 $1,500,000 Dec 2025 12,300 SF
713 Marshall, Winston Salem, NC 27101-5808 $850,000 Dec 2025 10,897 SF
1043 Burke, Winston Salem, NC 27101 $855,000 Jul 2025 5,028 SF
419 Spruce, Winston Salem, NC 27101-1328 $5,400,000 Jan 2025 11,046 SF
860 5th, Winston Salem, NC 27101-2506 $725,000 Apr 2024 8,327 SF
123 Fayette, Winston Salem, NC 27101-3626 $1,055,000 Jan 2024 9,152 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again