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Property profile & analytics
OFF-MARKET
Estimated value
$3,535,000
Mobile home & RV parks
338 Barnes Rd Winston Salem, NC 27107-6871
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-5790901
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1965
Construction
WOOD FRAME
Total area
100 SF
Lot
29.84 ac (1,299,830 SF)
Zoning code
MH,RS9
APN
6832-77-7418.00
UPID
US53-5790901
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
-
Parkwood Housing Development
-
J&S concrete services Construction Company
-
Hopes Touch Remodeling LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.83M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.54M
Owner & transaction history
Parkwood Mhp II LLC · 5 yrs held
Parkwood Mhp II LLC
since 2020
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
MH,RS9 · 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
$3,455,000
ML approach
$3,825,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.54M
Range $3.18M – $3.89M · ±10% · vs last sale $3.57M (Dec 21 2020)
Last sale anchor
$3.57M
Dec 21 2020
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
$35,350 / 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
$26,979
Tax year 2024
Assessed value
$2,024,600
Assessed 2024
Previous assessed
$2,024,600
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$963,700
Assessed improvement
$1,060,900
Land market value
$963,700
Improvement market value
$1,060,900
Total market value
$2,024,600
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1965
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
101
Total area
100 SF
Lot
29.84 ac (1,299,830 SF)
Zoning code
MH,RS9
APN
6832-77-7418.00
UPID
US53-5790901
Jurisdiction
FORSYTH
Zoning & alternative use
MH,RS9 · Winston Salem, NC
Zoning MH,RS9 · permitted uses
MH,RS9 · 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.
Building & site characteristics
From public records
Year built
1965
Construction
WOOD FRAME
Heating
NONE
Stories
1
Units
101
Lot
29.84 ac
Current owner
From public records · entity-resolved
Parkwood Mhp II LLC
Entity
Mailing address
101 HORATIO ST, NEW YORK, NY 10014-1569
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2025
—
Cedar Grove Mhp II LLC
—
Deed
related
$3,631,000 · Key Bank NA
Nov 1, 2023
—
Cedar Grove Mhp II LLC
—
Deed
related
$7,725,000 · Key Bank NA
Dec 21, 2020
$4,366,500
Parkwood Mhp II LLC
Parkwood LLC
Grant Deed
—
Dec 21, 2020
—
Parkwood Mhp II LLC
Parkwood LLC
Quit Claim Deed
—
Jun 5, 2018
$3,571,000
Parkwood LLC
Parkwood Mhc LLC
Special Warranty Deed
—
Nov 8, 2016
—
Parkwood Mhc LLC
—
Deed
related
$82,000,000 · Wells Fargo Bank NA
Sep 19, 2014
—
Parkwood Mhc LLC
—
Grant Deed
related
$100,000,000 · Keybank USA
May 16, 2011
$1,650,000
Horizon Land Co LLC
Yarbrough Properties LLC
Warranty Deed
—
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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