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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Grocery and convenience stores
4001 Brownsboro Rd Winston Salem, NC 27106-3427
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US53-5607247
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1985
Construction
STEEL FRAME
Total area
2,720 SF
Lot
0.59 ac (25,700 SF)
Zoning code
HB
APN
6827-64-3298.00
UPID
US53-5607247
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
-
Circle K Grocery & Convenience Store
-
Cardtronics ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$607k
Blend (final)
Blend
$505k
Owner & transaction history
Twin City Estate LLC
Twin City Estate LLC
since 2025
Last sale
$540,000
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
Top alternative use upside
Medical building
$450,000
+1,132.1%
Retail stores
$360,000
+877.2%
Auto repair, garage
$350,000
+860.0%
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
MEDICAL BUILDING
$450,000
Change: +1,132% · Conversion: Difficult
RETAIL STORES
$360,000
Change: +877% · Conversion: Easy
AUTO REPAIR, GARAGE
$350,000
Change: +860% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $540k (Jun 23 2025)
Last sale anchor
$540k
Jun 23 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
$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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,377
Tax year 2023
Assessed value
$401,600
Assessed 2024
Previous assessed
$401,600
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$168,700
Assessed improvement
$232,900
Land market value
$168,700
Improvement market value
$232,900
Total market value
$401,600
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
2,720 SF
Lot
0.59 ac (25,700 SF)
Zoning code
HB
APN
6827-64-3298.00
UPID
US53-5607247
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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$450,000
RETAIL STORES
Est. value
$360,000
AUTO REPAIR, GARAGE
Est. value
$350,000
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
1985
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Twin City Estate LLC
Entity
Mailing address
600 HAMILTON ST STE #500, ALLENTOWN, PA 18101-2130
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Sep 23, 2025
$540,000
Twin City Estate LLC
Lehigh Gas Wholesale Services INC
Special Warranty Deed
$524,758 · Southern First Bank NA
Sep 9, 2019
$81,000
Lehigh Gas Wholesale Svcs INC
Circle K Stores INC
Grant Deed
—
Dec 28, 2015
$589,500
Circle K Stores INC
Greatstone Equities INC
Grant 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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