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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Office Spaces
3640 Westgate Ctr Cir Winston Salem, NC 27103-3056
Entity Owned
~
Est. High Equity
Property ID
US53-2109666
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1984
Construction
BRICK
Total area
4,608 SF
Lot
0.82 ac (35,719 SF)
Zoning code
GO,RS9
APN
6814-27-8120.00
UPID
US53-2109666
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
-
SC Beauty and Care (Bike/Boat/Book/etc) Store Cosmetic Store
-
Jennifer Nguyen Physician
-
Infinity Care Services Home Health Care Service
-
Nichols Hearing and Audiology Physician
-
Restorative skin by Kim Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$720k
Comparable Approach
Comparable
$525k
Blend (final)
Blend
$595k
Owner & transaction history
Double J Property Holdings LLC
Double J Property Holdings LLC
since 2025
Last sale
$600,000
3 recorded transactions
Zoning & alternative use
GO,RS9 · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$725,000
+58.6%
Retail stores
$635,000
+39.5%
Auto repair, garage
$595,000
+30.7%
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%
$780,000
6.5%
$720,000
7%
$665,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$455,000
Current use
MEDICAL BUILDING
$725,000
Change: +59% · Conversion: Easy
RETAIL STORES
$635,000
Change: +39% · Conversion: Easy
AUTO REPAIR, GARAGE
$595,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $600k (Dec 17 2025)
Last sale anchor
$600k
Dec 17 2025
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
$129 / 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
$5,798
Tax year 2024
Assessed value
$443,800
Assessed 2024
Previous assessed
$443,800
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$167,900
Assessed improvement
$275,900
Land market value
$167,900
Improvement market value
$275,900
Total market value
$443,800
Applied tax rate
13,164.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1984
Construction
BRICK
Heating
FORCED AIR
Stories
1
Total area
4,608 SF
Lot
0.82 ac (35,719 SF)
Zoning code
GO,RS9
APN
6814-27-8120.00
UPID
US53-2109666
Jurisdiction
FORSYTH
Zoning & alternative use
GO,RS9 · Winston Salem, NCZoning GO,RS9 · permitted uses
GO,RS9 · Winston Salem, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$455,000
MEDICAL BUILDING
Est. value
$725,000
RETAIL STORES
Est. value
$635,000
AUTO REPAIR, GARAGE
Est. value
$595,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1984
Construction
BRICK
Heating
FORCED AIR
Stories
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
Double J Property Holdings LLC
Entity
Mailing address
PO BOX 414, KERNERSVILLE, NC 27285-0414
Ownership since
2025
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
Dec 17, 2025
$600,000
Double J Property Holdings LLC
Robert W Stamper
Warranty Deed
$520,000 · Robert Stamper
—
—
Robert Stamper
—
Deed Of Trust
related
$145,000 · Lexington State Bank
—
—
Robert W Stamper
—
Deed Of Trust
related
$150,000 · Branch Banking & Trust Co
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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