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Property profile & analytics
OFF-MARKET
Outlet malls
4787 Kinnamon Rd Winston Salem, NC 27103-9605
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-1697527
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Lot
6.34 ac (276,170 SF)
Zoning code
GI
APN
5893-46-1805.00
UPID
US53-1697527
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
-
Joyce Farms Specialty Food Shop Butcher
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
Ronald A Joyce · 4 yrs held
Ronald A Joyce
since 2022
7 recorded transactions
Zoning & alternative use
GI · Winston Salem, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 2023Property tax & assessments
Tax year 2023
Tax billed
$12,307
Tax year 2023
Assessed value
$946,200
Assessed 2024
Previous assessed
$946,200
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$796,200
Assessed improvement
$150,000
Land market value
$796,200
Improvement market value
$150,000
Total market value
$946,200
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Heating
NONE
Lot
6.34 ac (276,170 SF)
Zoning code
GI
APN
5893-46-1805.00
UPID
US53-1697527
Jurisdiction
FORSYTH
Zoning & alternative use
GI · Winston Salem, NC
Zoning GI · permitted uses
GI · 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.
Building & site characteristics
From public records
Heating
NONE
Lot
6.34 ac
Current owner
From public records · entity-resolved
Ronald A Joyce
Individual
Mailing address
4787 KINNAMON RD, WINSTON SALEM, NC 27103-9605
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2022
—
Ronald A Joyce
—
Deed
related
$1,250,000 · American National Bank & Trust Co
Aug 25, 2016
—
Ronald A Joyce
—
Deed
related
$750,000 · American National Bank & Trust Co
Oct 22, 2008
—
Ronald A Joyce
—
Trustees Deed
related
$100,000 · Morris Crafton
—
—
Ronald A Joyce
—
Deed Of Trust
related
$600,000 · Eagan Equity LLC
—
—
Ronald A Joyce
—
Deed Of Trust
related
$884,017 · Central Carolina Bank & Trust
—
—
Ronald Joyce
—
Deed Of Trust
related
$498,000 · Central Carolina Bank & Trust
—
—
Ronald A Joyce
—
Deed Of Trust
related
$550,000 · Carolina Bank
—
—
Ronald A Joyce
—
Deed Of Trust
related
$850,000 · James A Pope
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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