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Property profile & analytics
OFF-MARKET
Estimated value
$7,015,000
Auto shops
3178 Peters Crk Pkwy Winston Salem, NC 27127-4755
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1279532
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2018
Construction
STEEL FRAME
Total area
37,656 SF
Lot
14.91 ac (649,480 SF)
Zoning code
HB-S
APN
6823-68-8312.00
UPID
US53-1279532
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
-
Modern Toyota Car Dealership
-
Modern Toyota Parts Auto Parts Store
-
Modern Toyota Service Auto Repair Shop
-
Dan The Modern Guy Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.12M
Blend (final)
Blend
$7.02M
Owner & transaction history
Peters Creek Properties LLC · 8 yrs held
Peters Creek Properties LLC
since 2018
5 recorded transactions
Zoning & alternative use
HB-S · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.2M
+130.5%
Medical building
$6.3M
+28.3%
Retail stores
$5.0M
+1.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$4,870,000
Current use
RESTAURANT
$11,225,000
Change: +131% · Conversion: Difficult
MEDICAL BUILDING
$6,250,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$4,955,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$7.02M
Range $6.31M – $7.72M · ±10%
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
$186 / 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
$143,268
Tax year 2024
Assessed value
$10,213,000
Assessed 2024
Previous assessed
$10,213,000
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$3,014,300
Assessed improvement
$7,198,700
Land market value
$3,014,300
Improvement market value
$7,198,700
Total market value
$10,213,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2018
Construction
STEEL FRAME
Heating
NONE
Buildings
6
Stories
1
Total area
37,656 SF
Lot
14.91 ac (649,480 SF)
Zoning code
HB-S
APN
6823-68-8312.00
UPID
US53-1279532
Jurisdiction
FORSYTH
Zoning & alternative use
HB-S · Winston Salem, NC
Zoning HB-S · permitted uses
HB-S · 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
AUTO REPAIR, GARAGE Current
Est. value
$4.9M
RESTAURANT
Est. value
$11.2M
MEDICAL BUILDING
Est. value
$6.3M
RETAIL STORES
Est. value
$5.0M
AUTO REPAIR, GARAGE Current
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
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
2018
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
6
Lot
14.91 ac
Current owner
From public records · entity-resolved
Peters Creek Properties LLC
Entity
Mailing address
5955 PO BOX 1770TH PKWY, CLEMMONS, NC 27012-1770
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Jun 13, 2018
—
Peters Creek Properties LLC
—
Deed
related
$3,500,000 · Wells Fargo Bank NA
May 17, 2018
—
Peters Creek Properties LLC
—
Deed
related
$56,428,000 · Wells Fargo Bank NA
Jul 21, 2014
—
Peters Creek Properties LLC
—
Loan Modification
related
$7,607,500 · Wells Fargo Bk
Nov 20, 2012
—
Modern R/e Invtrs LLC
—
Deed Of Trust
related
$23,280,424 · Wells Fargo Bank
—
—
Peters Creek Properties LLC
—
Deed Of Trust
related
$1,300,000 · Wells Fargo 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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