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Property profile & analytics
OFF-MARKET
Office Spaces
401 202nd E 4th St Winston Salem, NC 27101
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1291151
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1921
Construction
WOOD
Total area
820 SF
Lot
0.02 ac (871 SF)
Zoning code
CI
APN
6835-37-6209.00
UPID
US53-1291151
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
-
Tri Steel Inc General Contractor
-
Rehab Engineering Engineer
-
Piedmont Leaf Lofts Apartment Building
-
Steel Erectors Association of America Association / Organization
-
Long Branch Trail Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Marlon O Hubbard · 5 yrs held
Marlon O Hubbard
since 2021
Last sale
$150,000
3 recorded transactions
Zoning & alternative use
CI · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The CI District is intended to accommodate biomedical, technological, scientific, and other public and private research uses within Growth management area 1 and is also intended to accommodate a pedestrian oriented mixture of uses such as office, retail, residential, and light manufacturing to support the primary research function of the district
Zone name
Central Industrial
General category
INDUSTRIAL
Zone area
239.70 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$675
Tax year 2024
Assessed value
$96,300
Assessed 2024
Previous assessed
$96,300
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$3,700
Assessed improvement
$92,600
Land market value
$3,700
Improvement market value
$92,600
Total market value
$96,300
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
1921
Construction
WOOD
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
820 SF
Lot
0.02 ac (871 SF)
Zoning code
CI
APN
6835-37-6209.00
UPID
US53-1291151
Jurisdiction
FORSYTH
Zoning & alternative use
CI · Winston Salem, NCZoning CI · permitted uses
CI · Winston Salem, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The CI District is intended to accommodate biomedical, technological, scientific, and other public and private research uses within Growth management area 1 and is also intended to accommodate a pedestrian oriented mixture of uses such as office, retail, residential, and light manufacturing to support the primary research function of the district
Zone name
Central Industrial
General category
INDUSTRIAL
Zone area
239.70 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1921
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Marlon O Hubbard
Individual
Free & Clear · 5 yrs held
Mailing address
2069 N MARKET ST, JACKSONVILLE, FL 32206-3745
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Jul 15, 2021
—
Marlon O Hubbard
Thinkhubb LLC
Warranty Deed
—
May 24, 2019
$72,500
Thinkhubb LLC
Hubbard,marlon O
Warranty Deed
—
Sep 21, 2006
$72,500
Marlon O Hubbard
Brown Prizery INC
Warranty Deed
$68,614 · Brown Prizery INC
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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