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Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Grocery and convenience stores
4247 Old Lexington Rd Winston Salem, NC 27107-6823
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-4861330
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1969
Total area
2,252 SF
Lot
0.38 ac (16,553 SF)
Zoning code
LB
APN
6842-19-0725.00
UPID
US53-4861330
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
-
Vigo Bank Credit Union
-
ATM Atm
-
SNAK’S Citgo Gas Station
-
SNAK's Grocery & Convenience Store
-
Amazon Locker - Chilly Marketing & Advertising IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$945k
CAP Approach
CAP
$625k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$980k
Owner & transaction history
Zini LLC · 5 yrs held
Zini LLC
since 2020
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
LB · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The LB District is primarily intended to accommodate moderately intense neighborhood shopping and service centers close to residential areas
Zone name
Limited Business
General category
COMMERCIAL
Zone area
203.56 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
$970,000
ML approach
$945,000
CAP Approach
CAP Return
Estimation
6%
$680,000
6.5%
$625,000
7%
$580,000
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±10% · vs last sale $1.00M (Dec 31 2020)
Last sale anchor
$1.00M
Dec 31 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
$435 / 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
$3,583
Tax year 2023
Assessed value
$267,600
Assessed 2024
Previous assessed
$267,600
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$62,100
Assessed improvement
$205,500
Land market value
$62,100
Improvement market value
$205,500
Total market value
$267,600
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1969
Heating
NONE
Stories
1
Total area
2,252 SF
Lot
0.38 ac (16,553 SF)
Zoning code
LB
APN
6842-19-0725.00
UPID
US53-4861330
Jurisdiction
FORSYTH
Zoning & alternative use
LB · Winston Salem, NCZoning LB · permitted uses
LB · Winston Salem, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The LB District is primarily intended to accommodate moderately intense neighborhood shopping and service centers close to residential areas
Zone name
Limited Business
General category
COMMERCIAL
Zone area
203.56 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Stories
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
Zini LLC
Entity
Mailing address
4247 OLD LEXINGTON RD, WINSTON SALEM, NC 27107-6823
Mailing matches property
Yes
Owner-occupied
Yes
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2020
$1,000,000
Zini LLC
Hnr Holding LLC
Special Warranty Deed
$630,000 · Readycap Lending LLC
Jun 18, 2018
—
Hnr Holdings LLC
—
Deed
related
$500,000 · Clipper Petroleum INC
Jul 31, 2017
—
Hnr Holding LLC
Bison Investments LLC
Quit Claim Deed
related
—
Jul 31, 2017
$500,000
Hnr Holding LLC
Bison Investments LLC
Warranty Deed
$455,000 · Harbor City Title Insurance Agency
Jan 31, 2014
$434,000
Bison Investments LLC
Dhillon & Guram Invs LLC
Warranty Deed
$246,795 · Greenwood & Charles INC
Oct 25, 2010
—
Dhillon & Guram Invs LLC
Harwinder S Dhillon
Quit Claim Deed
related
—
—
—
Hnr Holdings LLC
—
Deed Of Trust
related
$500,000 · Clipper Petroleum 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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