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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Individual retail properties
301 Acadia Ave Winston Salem, NC 27127-2919
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1390364
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1935
Construction
BRICK
Total area
5,844 SF
Lot
0.34 ac (14,810 SF)
Zoning code
PB
APN
6834-27-0296.00
UPID
US53-1390364
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
$625k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
Epimetheus Properties LLC · 3 yrs held
Epimetheus Properties LLC
since 2022
Last sale
$500,000
5 recorded transactions
Zoning & alternative use
PB · 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
Method
Estimation
Statistic approach
$675,000
ML approach
$625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$745,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$630,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$535,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$455,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$375,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $500k (Aug 15 2022)
Last sale anchor
$500k
Aug 15 2022
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
$98 / 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
$5,360
Tax year 2024
Assessed value
$382,100
Assessed 2024
Effective rate
1.40%
On assessed value
Assessed land
$60,700
Assessed improvement
$321,400
Land market value
$60,700
Improvement market value
$321,400
Total market value
$382,100
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1935
Construction
BRICK
Heating
NONE
Buildings
2
Stories
1
Total area
5,844 SF
Lot
0.34 ac (14,810 SF)
Zoning code
PB
APN
6834-27-0296.00
UPID
US53-1390364
Jurisdiction
FORSYTH
Zoning & alternative use
PB · Winston Salem, NC
Zoning PB · permitted uses
PB · 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
RESTAURANT
Est. value
$745,000
AUTO REPAIR, GARAGE
Est. value
$630,000
COMMERCIAL (GENERAL)
Est. value
$535,000
RETAIL STORES
Est. value
$455,000
WAREHOUSE, STORAGE
Est. value
$375,000
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1935
Construction
BRICK
Heating
NONE
Stories
1
Buildings
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
Epimetheus Properties LLC
Entity
Mailing address
4100 SNYDER DR, WINSTON SALEM, NC 27127-5729
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Aug 15, 2022
$500,000
Epimetheus Properties LLC
Luis Batista
Warranty Deed
$400,000 · First Citizens Bank & Trust Co
Jul 27, 2017
—
Luis Batista
Batista,juan C
Quit Claim Deed
related
$160,000 · Bank Of Nc
Jun 20, 2014
$195,000
Luis Batista
Deep Blue Waters LLC
Warranty Deed
$190,000 · Deep Blue Waters LLC
Oct 4, 2004
$219,000
Deep Blue Waters LLC
Lail,danny T & Faye T
Warranty Deed
$175,200 · Fidelity Bank NA
May 30, 2001
$195,000
Danny T Lail
—
Grant Deed
related
$34,000 · Lexington State Bank
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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