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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Strip malls
5041 University Pkwy Winston Salem, NC 27106-6083
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-4695182
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1987
Total area
35,698 SF
Lot
5.75 ac (250,470 SF)
Zoning code
HB-L,HB-S
APN
6828-30-0370.00
UPID
US53-4695182
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
-
Boost Mobile Mobile Phone Store Electronics & Wireless Store
-
N&A Smoke & vape (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
Peters Plaza Shopping Center Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$975k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$580k
Blend (final)
Blend
$885k
Owner & transaction history
Peters Devlopment LLC · 7 yrs held
Peters Devlopment LLC
since 2018
6 recorded transactions
Zoning & alternative use
HB-L,HB-S · 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
Method
Estimation
Statistic approach
by Request
ML approach
$975,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$885k
Range $797k – $974k · ±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
$25 / 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
$42,178
Tax year 2023
Assessed value
$3,373,800
Assessed 2024
Previous assessed
$3,373,800
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,898,000
Assessed improvement
$1,475,800
Land market value
$1,898,000
Improvement market value
$1,475,800
Total market value
$3,373,800
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1987
Heating
NONE
Stories
1
Total area
35,698 SF
Lot
5.75 ac (250,470 SF)
Zoning code
HB-L,HB-S
APN
6828-30-0370.00
UPID
US53-4695182
Jurisdiction
FORSYTH
Zoning & alternative use
HB-L,HB-S · Winston Salem, NC
Zoning HB-L,HB-S · permitted uses
HB-L,HB-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.
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Stories
1
Lot
5.75 ac
Current owner
From public records · entity-resolved
Peters Devlopment LLC
Entity
Mailing address
507 N LINDSAY ST, HIGH POINT, NC 27262-4303
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2021
—
Peters Development LLC
—
Deed
related
$4,377,500 · American National Bank & Trust Co
Jul 27, 2020
—
Peters Development LLC
—
Deed
related
—
Dec 3, 2019
—
Peters Dev LLC
—
Deed
related
—
Aug 22, 2019
—
Peters Development LLC
—
Deed
related
$3,124,126 · American Bank & Trust Company NA
Nov 20, 2018
$2,900,000
Peters Devlopment LLC
Northchase Retail LLC
Special Warranty Deed
$2,465,000 · American National Bank & Trust
—
—
Peters Dev LLC
—
Deed Of Trust
related
—
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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