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Property profile & analytics
OFF-MARKET
Estimated value
$4,475,000
Office Spaces
4400 Silas Crk Pkwy Winston Salem, NC 27104-3823
Entity Owned
Free & Clear
Property ID
US53-1052732
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1988
Construction
BRICK
Total area
29,084 SF
Lot
3 ac (130,680 SF)
Zoning code
LO-S
APN
6815-34-0744.00
UPID
US53-1052732
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
-
Daniel Professional Group Inc: Shriver Mark W CPA Accounting Firm Tax Preparation
-
Grand America Company Travel Agency
-
Grandfather Home Community Services Community Center
-
Avid Wealth Management Financial Advisor
-
Lauren Shriver, MS, LCMHC, NCC Counselor Practitioner Service Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.53M
Comparable Approach
Comparable
$4.44M
Blend (final)
Blend
$4.48M
Owner & transaction history
PARK WEST ASSOCIATES
PARK WEST ASSOCIATES
Zoning & alternative use
LO-S · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.8M
+68.8%
Retail stores
$3.8M
+33.9%
Auto repair, garage
$3.8M
+31.5%
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%
$4,910,000
6.5%
$4,530,000
7%
$4,205,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,860,000
Current use
MEDICAL BUILDING
$4,825,000
Change: +69% · Conversion: Easy
RETAIL STORES
$3,830,000
Change: +34% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,760,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$4.48M
Range $4.03M – $4.92M · ±10%
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
$154 / 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
$83,555
Tax year 2024
Assessed value
$5,457,200
Assessed 2024
Previous assessed
$5,457,200
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$1,138,500
Assessed improvement
$4,318,700
Land market value
$1,138,500
Improvement market value
$4,318,700
Total market value
$5,457,200
Applied tax rate
13,164.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1988
Construction
BRICK
Heating
NONE
Buildings
2
Stories
3
Total area
29,084 SF
Lot
3 ac (130,680 SF)
Zoning code
LO-S
APN
6815-34-0744.00
UPID
US53-1052732
Jurisdiction
FORSYTH
Zoning & alternative use
LO-S · Winston Salem, NC
Zoning LO-S · permitted uses
LO-S · Winston Salem, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Winston Salem. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$4.8M
RETAIL STORES
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.8M
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
1988
Construction
BRICK
Heating
NONE
Stories
3
Buildings
2
Lot
3 ac
Current owner
From public records · entity-resolved
PARK WEST ASSOCIATES
Individual
Free & Clear · 0 yrs held
Mailing address
4400 SILAS CRK PKWY, WINSTON SALEM, NC 27104-3823
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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