Property profile

500 Shepherd St Winston Salem, NC 27103

OFF-MARKET
Medical Office Space
Property ID
US53-0120248
47,198 SF 1.22 ac lot Built 1984
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1984
Construction STEEL FRAME
Total area 47,198 SF
Lot 1.22 ac (53,143 SF)
Zoning code GO
APN 6815-52-5411.00
UPID US53-0120248

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Church Mosque
  • Physician
  • Physician
  • Physician

Location

500 Shepherd St Winston Salem, NC 27103-1633
Winston Salem metro Census 2200 WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.60M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.41M
Blend (final) Blend
$2.05M

Owner & transaction history

since 2020
Last sale
$2.1M
2 recorded transactions
2020
$8.5M
2007
$4.6M

Zoning & alternative use

GO · Winston Salem, NC
Zoning description

The GO District is primarily intended to accommodate high intensity office uses and supporting services, as well as intermediate-density residential uses

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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