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Property profile & analytics
OFF-MARKET
Estimated value
$1,450,000
Grocery and convenience stores
3508 Yadkinville Rd Winston Salem, NC 27106-2535
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-2220355
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1989
Construction
BRICK
Total area
73,320 SF
Lot
9.68 ac (421,661 SF)
Zoning code
HB
APN
6817-27-2202.00
UPID
US53-2220355
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
$1.64M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.45M
Owner & transaction history
Awakened INC · 5 yrs held
Awakened INC
since 2021
Last sale
$1.3M
3 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
Method
Estimation
Statistic approach
$1,560,000
ML approach
$1,635,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.45M
Range $1.31M – $1.60M · ±10% · vs last sale $1.30M (Jun 21 2021)
Last sale anchor
$1.30M
Jun 21 2021
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
$20 / 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
$36,920
Tax year 2024
Assessed value
$5,177,700
Assessed 2024
Previous assessed
$5,177,700
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$2,419,500
Assessed improvement
$2,758,200
Land market value
$2,419,500
Improvement market value
$2,758,200
Total market value
$5,177,700
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1989
Construction
BRICK
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
73,320 SF
Lot
9.68 ac (421,661 SF)
Zoning code
HB
APN
6817-27-2202.00
UPID
US53-2220355
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
1989
Construction
BRICK
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
9.68 ac
Current owner
From public records · entity-resolved
Awakened INC
Entity
Mailing address
PO BOX 11846, WINSTON SALEM, NC 27116-1846
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2021
$1,300,000
Awakened INC
Reynolda Sre LLC
Special Warranty Deed
$975,000 · Ministry Partners Investment Compan
Jun 30, 2004
—
Reynolda Storage Centre LLC
—
Deed Of Trust
related
$2,050,000 · Sun Life Assurance Co Canada
—
—
Reynolda Idr LLC
—
Loan Modification
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.
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