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Property profile & analytics
OFF-MARKET
Strip malls
3071 Waughtown St Winston Salem, NC 27107-1634
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1235572
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1970
Construction
BRICK
Total area
109,988 SF
Lot
11.17 ac (486,565 SF)
Zoning code
HB
APN
6854-19-8681.00
UPID
US53-1235572
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
-
Qua Nailed It Nail Salon
-
Pink Angel Nail Bar Nail Salon
-
The Magic Touch Nail Salon & Spa Nail Salon
-
The Uncompromising Word of Truth Association Or Organization
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
Southeast Plaza LLC · 3 yrs held
Southeast Plaza LLC
since 2023
Last sale
$422,500
7 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
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
$314
Tax year 2024
Assessed value
$1,432,400
Assessed 2024
Previous assessed
$1,432,400
+0.0% YoY
Effective rate
0.02%
On assessed value
Assessed land
$7,600
Assessed improvement
$1,424,800
Land market value
$7,600
Improvement market value
$1,424,800
Total market value
$1,432,400
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1970
Construction
BRICK
Heating
NONE
Buildings
2
Stories
1
Total area
109,988 SF
Lot
11.17 ac (486,565 SF)
Zoning code
HB
APN
6854-19-8681.00
UPID
US53-1235572
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
1970
Construction
BRICK
Heating
NONE
Stories
1
Buildings
2
Lot
11.17 ac
Current owner
From public records · entity-resolved
Southeast Plaza LLC
Entity
Mailing address
3021 BANK ST #110, CHARLOTTE, NC 28203-5403
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2023
$8,450,000
Southeast Plaza LLC
Southeast Plaza Investors LLC
Special Warranty Deed
$6,000,000 · Family Trust FCU
Mar 21, 2013
—
Southeast Plaza Investors LLC
—
Grant Deed
related
$2,250,000 · Bank Of North Carolina
Mar 21, 2012
$25,000
Southeast Plaza Investors LLC
Peebles Stafford R JR
Trustees Deed
related
—
Jun 3, 2011
—
Parkview Management INC
Baker,kim L
Grant Deed
—
Apr 11, 2008
—
Parkview Management INC
Baker,wade L
Warranty Deed
—
Nov 12, 2004
—
Wade L Baker
Pearson,betty J
Warranty Deed
related
—
Sep 24, 2003
—
Betty J Pearson
Baker,donald V & Kim L
Grant Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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