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Property profile & analytics
OFF-MARKET
Retail space
2648 Waughtown St Winston Salem, NC 27107-1652
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1602449
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Construction
CONCRETE BLOCKS
Total area
2,400 SF
Lot
0.65 ac (28,314 SF)
Zoning code
RS9
APN
6844-98-0237.00
UPID
US53-1602449
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
TRUST OF RALPH EDWARD VESTAL & COE, CATHERINE VEST
TRUST OF RALPH EDWARD VESTAL & COE, CATHERINE VEST
Zoning & alternative use
RS9 · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The RS-9 District is primarily intended to accommodate relatively high density single family detached dwellings in urban areas
Zone name
Residential Single Family
General category
RESIDENTIAL
Zone area
46,508.83 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
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
$693
Tax year 2024
Assessed value
$49,400
Assessed 2024
Previous assessed
$49,400
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$42,400
Assessed improvement
$7,000
Land market value
$42,400
Improvement market value
$7,000
Total market value
$49,400
Applied tax rate
13,164.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Stories
1
Total area
2,400 SF
Lot
0.65 ac (28,314 SF)
Zoning code
RS9
APN
6844-98-0237.00
UPID
US53-1602449
Jurisdiction
FORSYTH
Zoning & alternative use
RS9 · Winston Salem, NCZoning RS9 · permitted uses
RS9 · Winston Salem, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The RS-9 District is primarily intended to accommodate relatively high density single family detached dwellings in urban areas
Zone name
Residential Single Family
General category
RESIDENTIAL
Zone area
46,508.83 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1920
Construction
CONCRETE BLOCKS
Heating
FORCED AIR
Stories
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
TRUST OF RALPH EDWARD VESTAL & COE, CATHERINE VEST
Entity
Free & Clear · 0 yrs held
Mailing address
4631 ABBOTTS CRK CHURCH RD, KERNERSVILLE, NC 27284-9134
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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